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RAILWAY EARNINGS SECTION OF THE COMMERCIAL & FINANCIAL CHRONICLE Copyrighted in 1919 according to Act of Congress, by WILLIAM B. DANA COMPANY,in othue of Librarian of Congress, Washington, D. C. ..,................... ......--—........ VOL. 108. NEW YORK, MARCH 15, 1919. NO. 2803. , T HIS entire publication is devoted to a presentation of the reports of earnings and expenses of United States railroads for the latest month (January) and for the calendar years 1918 and 1917. The table embraces every steam operating railroad in the country which is obliged to make • monthly reports to the Inter-State Commerce Commission at Washington. Returns are now required only from carriers whose railway operating revenues, o,. gross earnings, exceed $1,000,000 per annum. The figures are a of t sworn returns on file at WashingSworn Returns. ton. They have transcript the further : vantage of uniformity of method and classification. Every company is obliged to m• up its returns on the same basis and in the same way as every other company. The "Chronicle" has always made a specialty of weekly and monthly Earnings reports of railroad earnings, and for nearly fifty years its weekly Our Specialty, and monthly summaries have been everywhere accepted as authoritative. The present publication is in continuation of this work. • • • These Inter-State Commerce returns also make it possible for us Full Details. to present full details of both the revenues and expenses. Besides showing total gross earnings, we indicate separately the passenger and the freight revenues. In the case of the expenditures we report the outlays for both maintenance of way and maintenance of equipment as well as the traffic and transportation expenses. We also show the railway tax accruals (less War Taxes) ar_d the net earnings after the deduction of such taxes and the comparatively trifling item of uncollectible railway revenues. In addition, we indicate the net earnings remaining after the deduction of certain rents, namely equipment rents and joint facility rent. We conclude by giving the miles operated on which the earnings are based. The cents we have necessarily been obliged to discard altogether, and Cents Discarded. if in any case the results should happen to vary a dollar, one way or the other, from exact proof, the reason for the variance will be found in that circumstance. Company Returns To • make this publication absolutely complete, we add statements at the end to show also the figures issued by the companies themAlso Given. selves, where they are made up on a basis different from that of the Commerce Commission returns, or where they give fixed charges in addition to earnings, or where they have a separate and distinct fiscal year. • • • The matter contained in this extra and novel publication is entirely Other Returns additional to the comprehensive reports of earnings we furnish in the Continued, "Chronicle" from week to week. All the returns of the leading roads, and also all weekly figures of gross earnings, are printed regularly and promptly in the "Chronicle" as soon as received. But in addition we issue once a month—say about the 15th—this special publication, furnishing a sort of compendium of earnings in which we bring together all the returns for the latest month which are available. As in the case of our numerous other Supplements or "Sections," all Only for of which are expensive publications, the "Railway Earnings Section" Subscribers. will be furnished only to "Chronicle" subscribers. These will receive it free of charge, one copy going with each subscription. It will be impossible to obtain copies in any other way, as none will be printed for general sale. IMENNIM• ...la WILLIAM B DANA COMPANY, PUBLISHERS NEW YORK CHRONICLE BUILDING FRONT? PINE & DEPEYSTER STREETS KAR., 1919.1 RAILWAY EARNINGS 3 GENERAL INDEX TO ROADS APPEARING IN THIS SECTION. Page Name— 4 Alabama & Vicksburg Alabama Great Southern. See Southern..12 4 Ann Arbor Arizona Eastern. See Southern Pacific_12 4 Atchison Topeka & Santa Fe 4 Atlanta & West Point 4 • tlanta Birmingham & Atlantic • tlantio & St. Lawrence. See Grd. Trk. Lines in New England 4 • Mantic City 4 • tlantio Coast Line 4 1:altimore & Ohio 4 :altimore & Ohio Chicago Terminal altirnore Ches. & Atlantic. See Pei:PIA° 4 :angor 86 Aroostook eaum.Sour L.& W. SeeN. O.T.& M_ 9 14 ellefonte Central 4 elt Railway of Chicago 4 :essemer & Lake Erie 5 ingham & Garfield 5 irmingham Southern :oston & Maine 5 5 uffalo & Susq. RR. Corp uffalo Rochester & Pittsburgh_ _5 and 14 anadian Pacific Lines (in Maine)._ _ 5 5 ,arolina Clinchfield & Ohio 5 entral New England 5 entral of Georgia 5 entral RR. of New Jersey entral Vermont 5 harleston & West Carolina hesapeake & Ohio Lines 5 hicago & Alton 5 hicago & Eastern Illinois 5 hicago & Erie. See Erie hicago & North Western 5 5 hicago Burlington & Quincy hicago Dot. & Can. Grand Trk. Jet. See Grand Trunk Western 5 and 14 hicago Great Western 5 hicago Indianapolis & Louisville hicago Junction 5 hicago Milwaukee & St. Paul 5 6 hicago Peoria & St. Louis RR hicago Rock Island & Gulf 6 6 hicago Rock Island & Pacific hicago St. Paul Minn. & Omaha 6 hicago Terre Haute & Southeastern 6 incinnati Indianapolis & Western 6 incinnati New Orleans & Texas Pacific.. 6 incinnati North'n. See N.Y.Cent _ _ _ 9 love. Cin. Chic. & St. L. See N.Y.Cent 9 oal & Coke. See Baltimore & Ohio 4 olorado & Southern 6 olorado & Wyoming 6 ripple Creek & Colorado Springs 6 umberland Valley. See Pennsylvania_10 elaware & Hudson 6 elaware Lackawanna & Western 6 6 enver & Rio Grande 6 enver & Salt Lake 6 etroit & Mackinac 6 etroit & Toledo Shore Line etroit Gr. Hay.& Mil. See Gr.Tr.West. 7 6 etroit Toledo & Ironton 6 uluth & Iron Range 6 uluth Missabe & Northern 7 luth South Shore & Atlantic 7 uluth Winnipeg & Pacific Name— Page East St. Louis Connecting 7 El Paso & Southwestern Elgin Joliet & Eastern 7 Erie 7 Florida East Coast Fonda Johnstown & Gloversv 7 and 14 Fort Smith & Western Fort Worth & Den. City. See Col. & So.. 6 Ft Worth & Rio Gr. See St. L & S F_11 Galv. Harrisb.& San Ant. See Sou.Pac.12 Galveston Wharf Georgia 7 Georgia Southern & Fla. See Southern....12 Grand Rapids & Indiana. See Penn_„10 Grand Trunk Lines in New England 7 Grand Trunk Western 7 Great Northern Gulf & Ship Island Gulf Colo. & Santa Fe. See Atchison 4 Gulf Mobile & Northern 7 Hocking Valley 7 Houston & Texas Cent. See Sou Pac 12 Houston East & West Tex. See So. Pao 12 Illinois Central 7 Indiana Harbor Belt. See N. Y. Central_ 9 International & Great Northern 7 Kanawha & Mich. See N. Y. Cent._ 9 Kansas City Mexico & Orient RR 7 Kan. City Mex.& Orient Ry. Co of Tex 8 Kansas City Southern 8 Kansas City Terminal 8 Lake Erie & W. See N Y Cent 9 Lehigh & Hudson River 8 Lehigh & New England 8 Lehigh Valley 8 Long Island See Pennsylvania 10 Los Angeles & Salt Lake 8 Louisiana & Arkansas 8 Louisiana Railway.84 Navigation Co 8 Louisiana Western. See Southern Pac_12 Louisville 86 Nashville 8 Louisville Henderson & St. Louis 8 Maine Central 8 Maryland Delaw.& Virginia See Penn_10 Michigan Cent. See N. Y Cent 9 Midland Valley 8 Mineral Range 8 Minneapolis & St. Louis 8 Minneapolis St. Paul & S. S. M 8 Minnesota & Internat. See No. Pac 10 Mississippi Central_ 8 Missouri & North Arkansas 8 Missouri Kansas & Texas 8 Missouri Kansas & Tex. Ry. of Texas- 8 Missouri Oklahoma & Gulf 9 Missouri Pacific 9 Mobile & Ohio. See Southern 12 Monongahela See Pennsylvania 10 Monongahela Connecting 9 Morgan's L.&T RR &SS.Co. SeeSo.P.12 Nashville Chattanooga & St. Louis 9 Nevada Northern 9 Newburgh & South Shore 9 New Orleans & North Eastern 9 New Orleans Great Northern 9 New Orleans Texas & Mexico 9 New York Central 9 New York Chicago & St. Louis 9 and 14 New York New Haven & Hartford.. _10 Name— Page New York Ontario & Western_10 and 14 New York Phila. & Norfolk. Se Penn_10 New York Susquehanna & Western........10 Norfolk & Western 10 Norfolk Southern 10 Northern Alabama 10 Northern Pacific 10 Northwestern Pacific 10 Oahu Railway & Land Co 13 Oregon Short Line. See Union Pacific....13 Oregon-Wash. RR.& Nay. See Un.Pao.13 Panhandle & Santa Fe. See Atchison__ 4 Pennsylvania Railroad 10 Pennsylvania Company. See Penn 10 Peoria & Pekin Union 11 Pere Marquette 11 Philadelphia & Reading Ry 11 Pittsb. & L E. See N. Y. Cent 9 Pitts. Cin. Chic. & St. Louis. See Penn_10 Pittsburgh Shawmut & Northern 11 Pittsburgh & Shawmut 11 Pittsburgh & West Virginia 11 Port Reading 11 Quincy Omaha & Kansas City 11 Richmond-Washington System 11. Richm.Fred.& Potom. See Rich.-Wash.11 Rutland 11 St. Joseph & Grand Isl. See Union Pac_13 St. Louis-San Francisco 11 St.L.Brownsv.&Mex. SeeN.0.T.&M _ 9 St. Louis Merchants' Bridge & Terminal. See Terminal Association of St. Louis_12 St. Louis San Fr. & Tex. See St.L.-S F _11 St Louis Southwestern 11 St. Louis S.W Ry.ofTex.SeeSt.L.&S.W.1.1 St. Louis Transfer 11 San Antonio & Aransas Pass 11 Seaboard Air Line 11 South Buffalo 11 Southern Railway 11 Southern Pacific 12 Southern Ry. in Mississippi. See South_12 Spokane International 12 Spokane Portland & Seattle 12 Staten Island Rapid Transit 12 Tennessee Central 12 Terminal Railroad Assn. of St. Louis.. 12 Texarkana & Ft. Smith. See Kan. C.So. 8 Texas & New Orleans. See So. Pac___ _12 Texas & Pacific 12 Tol. & Ohio Cent. See N. Y. Cent_.... 9 To!. Peoria & West. See Penn_10 and 14 Toledo St. Louis & Western 12 Trinity & Brazos Valley. See Col.& Sou. 8 Ulster & Delaware 12 Union RR (of Pennsylvania) 13 Union Pacific 13 Utah_ 13 Vicksburg Shreveport & Pacific 13 Virginian 13 Wabash 13 Washington Southerrr. See Rich.-Wash 11 West Jersey & Seashore. See Penn..__ _10 Western Maryland 13 Western Pacific 13 Western Railway of Alabama 13 Wheeling & Lake Erie 13 Wichita Falls & Northwestern 13 Yazoo .S6 Mississippi Valley 4 RAILWAY EARNINGS [VoL. 108. INTER-STATE COMMERCE COMMISSION RETURNS FOR JANUARY AND THE TWELVE MONTHS ENDING WITH DECEMBER In the following we furnish detailed figures of earnings and expenses for January 1919, as compared with January 1918, and also for the twelve months of the calendar years 1918 and 1917, of every steam railroad in the United States which is obliged to file monthly returns of earnings and expenses with the Inter-State Commerce Comdrnission at Washington. It should be understood, however, that the Inter-State Commerce Commission now requires monthly reports only from roads whose gross railway operating revenues exceed $1,000,000 per annum. Prior to the taking over of the roads by the Government, or, to be strictly accurate, prior to the call for the March 1918 reports, monthly returns were required from all carriers having railway operating revenues in excess of $100,000 per annum. In the closing page of this publication-page 14-we also give the Company returns where these differ in any way from the Commerce Commission returns or embrace more facts than are contained in the latter Alabama & Vicksburg Atlanta & West Point Baltimore & Ohio -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of JanuaryIncludes Coal & Coke 1918. 1918. -Jan. 1 to Dec. 31- -Month of January1918. 1917. 1919. 1917. 1919. 1918. 1918. 1917. 1919. 1918. • S $ $ $ 71,051 129047317 102365163 9,543,081 4,864,320 Freight revenue 106,703 1,252,802 119,712 151,021 879,580 1,603,977 1,423,159 50,162 1,041,403 71,552 30,676,946 19,990,255 2,700,553 1,763,371 Passenger revenue.. _ 73,991 664,620 80,857 533,692 622,950 177,177 2,548,440 1,770,250 222,015 165,735 174191448 133613320 13,332,116 7,531,634' Tot., incl. other rev. 2,470,855 2.139,315 241,284 14.613 17,532 25,775,063 14,182,963 2,079,348 1,272,062 26,518 Expenses-Maint.way 28,341 254,171 178,043 269,367 284,417 29,397 48,903,661 25,874,279 4,703,968 2,637,845 35,778 44,153 62,817 456,331 294,213 Maint. of equipm't_ 591,657 351,752 5,475 4,112 1,964,492 2,405,775 3,069 151,486 40,742 1,660 189,002 77,120 Traffic expenses_ _ 42,982 61,588 78,453 89,813 59,466 78,846,090 56,574,350 7,055,035 5,450,268 867,069 598,444 Transportation exp.. 1,032,214 725,148 • 110,099 118,491 160592180 103024213 14,505,131 10,005,647 142,491 1,730,354 1,241,228 212,124 169,924 Total, incl. other. 2,045.117 1,501,242 47,244 13,599,268 30,589,107 -1,173,015-2,474,012 34,686 Net from railroad _ _ 29,160 52,090 818,085 529,022 425,738 678,073 7,600 4,784,145 4,455,819 11,147 93,566 8,500 Taxes (less war taxesj 411,339 390,658 134,115 138,194 9,405 139,176 Net after taxes_....... 23,539 --7724,443 39,644 8,795,292 26,112,068 -1,587-2,867,828 19,743\ 43,556 394,513 287,283 498,10 Net after rents 37,177 32,735 323,995 617,503 19,679 647,348 40,192 22,593,969 •17,7016,93'-3,184,529 396,305 40,689 War taxes 20,460 Aver. miles of r'd oper. 141 93 141 93 5,145 4,948 Ann Arbor Atlanta Birmingham & Atlantic B & 0 Chicago Terminal -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1918. 1918. EARNINGS. 1918. 1917. 1917. 1919. 1919. 1918. 1918. 1917. 1919. 1918. $ $ $ $ 3 Freight revenue 176,532 3,524,660 2,981,087 273,693 256,826 312,956 2,782,381 2,380,540 Passenger revenue...._ 35,861 57,289 567,580 50,148 850,546 696,492 78,736 551,002 -7 6,110 4,887 271 Tot.. Incl. other rev. 3.585,907 3,138,943 229,468 4,703,381 3,983,368 340,272 1,761,485 1,940,003 376,209 381,525 127,686 72,645 31,736 1,065,891 59,780 111,069 83,541 Expenses-Maint.way 52,606 583,824 595,485 320,062 217,518 285,610 51,143 Maint. of equipm't_ 63,794 1,253,008 77,214 70,223 147,357 773,071 477,042 52,377 673,533 34,873 636,335 381,036 Traffic expenses 5,611 11,297 5,544 2,417 907 96,176 183,553 47,193 76,033 924 12,850 11,751 127,447 165,560 Transportation exp.. 1.661,727 1.430.225 232,681 2.470,841 1,755,885 151,318 132,109 1,605.174 1,289,122 90,731 228,558 5,038,455 3,322,257 Total Incl. other.. 3,195,423 2,384,889 320,442 325.162 2,699,703 2,004,364 510,367 254,814 189,714 Net from railroad.. 910 --335,074 390,484 754,053 55,767 15,110 --938,217 --64,361 661,111 --128,842 127 --11t,069 13,100 194,782 16,000 157,200 13,100 Taxes (less war taxes) 15,700 180,652 157,200 359,537 254,248 31,876 18,360 Net after taxes__ --640 -1,297,866 -318.91g --159,003 -135,429 479,591 -145,020 232,258 596,487 42,633 -12,189 --530,894 Net after rents 452,571 -146,199 -18,430 -158,174 175,134 423,785 40,537 -23,808 --584,761 794,734 -64,420 -22,383 War taxes 6,000 Aver. miles of r'd oper. 640 640 301 301 91 71 EARNINGS. Atchison Top & Santa Fe System Bangor & Aroostook Atchison 'Topeka & Santa Fe -Jan. 1 to Dec. 31- -Month of January-Jan. 1 to Dec. 31- -Month of January1917. 1919. 1918. 1918. 1918. 1917. 1919. 1918. $ $ $ $ Freight revenue 241,443 113798080 98,801,487 9,143,307 7,094,224 375,502 3,795.890 3,285,353 Passenger revenue..__ 37,045,790 30,907,445 3,303,477 2,824,417 856.867 73,735 813,036 63,475 Tot., incl. other rev. 162369130 140978936 13,028,539 10,834,787 470,484 322,039 4,863,222 4,384,561 632,472 99,734 75,753 Expenses-Maint.way 19,037,932 15,997,975 1,804,167 1,426,277 791,357 Maint. of equipm't- 35,100,235 23,544,437 3,291,239 2,176,605 1,162,520 746,295 92,971 60,339 Traffic expenses_ _ _ 1,675.783 2,317,636 128,567 177,731 4,632 45,924 49,764 3,985 Transportation exp_ 56.588,997 44,172,008 5,255,361 4,149,845 200,475 161,369 2,038,997 1,364,172 Total, Incl. other- 114912375 88,504.049 10,737,629 8,198,716 417,318 317,684 4,239,516 2,900,368 Net from railroad__ _ 47,456,754 52,474,886 2,290,910 2,636,071 4,354 623,705 1,394.193 1----53165 557,629 Taxes (less war taxes) 6,726,927 7,061,832 550,683 213,418 189,887 21,000 17,735 Net after taxes_ _ _ 40,708,335 45.392,67 1,738,262 2,077,520 410,065 1,204,23g 32,110 13,380 Net after rents 41,558.302 45,365,744 1,704,713 2,133,760 592,228 1,525,828 35,173 20,536 War taxes 199,781 3,523,326 Aver. miles of r'd oper. 8,641 8,635 632 632 Gulf Colorado & Santa Fe Atlantic City Belt Railway of Chicago -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1918. 1917. 1919. 1918. EARNINGS. 1918. 1917. 1919. 1918. 1917. 1919. 1918. 1918. $ s 11 s $ $ S $ $ Freight revenue 12,844,674 12,434,457 1,015,956 1,091,669 1,892,727 1,180,376 159,656 102,608 4,878,257 3.740,667 Passenger revenue 374,011 413,793 2,138,080 1,868.898 103,116 68,348 Tot., incl. other rev. 18,885,097 17,285,639 1,440,012 1,598,514 4,252,269 3,215,425 295,540 184,592 3,899,764 3,805.947 256,233 161,433 278,410 273,829 Expenses-Maint.way 3,422,867 3,230,906 435,050 40,220 355,643 43.357 29,610 295,488 413,401 42,217 Maint. of egalpnret_ 3,476,114 2,393,470 235,954 248,745 449,164 29,609 07,409 551,734 40,795 256,699 789,389 40,448 228,958 360,360 Traffic expenses_ _ _ 11,042 28,455 13,158 40,512 89 1,036 16,329 382 4,806 282 .Transportation exp.. 7,158,791 5,609,636 585,793 519,476 1.987,832 1.671,830 172,313 122,592 2,476,300 1,835,883 198,667 158,884 Total,Ind. other.. 14,829,928 12,185.472 1,154,498 1,123,089 2,901,005 2,341,724 246,369 222,045 3,775,409 2.786,631 28918 249.821 249,821 Net from railroad_ _ _ _ 4,055,169 5,100,167 285,114 475,425 1,351,264 49,170 --37,453 873,701 124,35r) 1,019,315 -33,185 -88,34 853,696 838,163 71,167 Taxes (less war taxes) 69,193 144,495 144,978 12,000 160.025 12,000 197,074 16,442 13,929 3,196,932 4,256,886 Net after taxes 213,816 40.427 1,206.769 857,290 --49,627 -102,316 728,629 37,170 --49,453 --72,718 Net after rents 2,824,145 3,608,943 189,037 626,469 343,411 1.018,478 491,177 131.102 29,953 =72,479 1,581,681 11,369 War taxes 60,578 1,212 Aver. miles of r'd open 1,917 1,937 177 31 177 31 Panhandle & Santa Pe Atlantic Coast Line Bessemer & Lake Erie -Month of December--Jan. 1 to Dec. 31- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1918. 1917. 1918. 1917. EARNINGS. 1918. 1917. 1919. 1918. 1917. 1919. 1918. 1918. $ $ $ $ $ $ 305,689 Freight revenue 405,426 4,275,636 5,463,608 36,483,716 28,960,412 4,023,436 2,648,133 12,688,341 11,695,359 570,123 401,973 83,761 107,650 Passenger revenue...... 1,253.186 1,134,345 16,567.982 11,576,865 1,494.849 1.263.964 393,463 32,949 395,085 28,143 41.2,254 537,794 5,809,657 6,890,859 56,992,329 44,063,331 5,887,841 4,213,955 13,417,564 12,372,619 Tot., Incl. other rev. 662,851 458,962 93,426 100,785 1,092,039 Expenses-Maint.way 877,925 6,567,499 4,891,462 775,685 416,207 1,139,120 1,478,398 45,202 72,072 175,847 104,148 1,767,964 1,165,563 10,904,846 7,002,226 1,070,810 Maint. of equipm't.. 314,566 661,585 3,462,840 3,047,860 266,517 2,901 4,094 Traffic ex penses _ 46,772 57,152 620,155 9,278 752,669 53,558 64,010 144,358 120,139 9,835 267,813 189,106 2,303,315 1,932,696 23,186,790 15,982,770 2,326,324 1,702,751 4,430,406 3,934,485 Transportation exp_ 326,581 306.778 552,345 415,344 5,351,875 4,166,649 42,663,302 29,773,994 4,365.054, 2.949,438 9,167.238 8,672,254 Total,incl. other.. 705,529 644,383 122,450 Net from railroad_ _ _ _ =77091 457,781' '2,724,206 14,329,026 14,289,336 1,522,786 1,264,516 4,250,32ii;3-g6 -42,678 -185,42d Cr4,461 26,447 194,559 287,561 'Taxes (leas war taxes) 200,000 14,500 203,777 2,495,000 2,264.000 160,000 241,626 23,366 No latter taxes_ .... _ -135,1332 95,017 261,682 2,518,480 11,827,096 -M3, 1.2,( 1,322,064 1,103,993 4,008,698 5,412.772 ---5/,239 -208;788 -158,627 Net after rents 72,383 -8,170 2,064,00 11,626,128 13,239.901 1,322,15 1,057,714 4.91 -7151 74,479,150 -93.692 L13,564 344,259 War taxes 57,740 226,240 1,065,000 604,929 772 Aver. miles of r'd oper. 709 4,839 217 4,786 208 EARNINGS. -128,6a 4,no MAR., 1919.] RAILWAY EARNINGS Bingham bt Garfield -Jan. 1 to 1918. $ Freight revenue 3,308,158 Passenger revenue_48,535 Tot., incl. other rev. 3,450,747 Expenses-Maint way 475,405 Maint. of equipm't. 570,836 Traffic _ 16,322 expenses..Transportation exp689,514 Total,incl. other_ 1,854,093 Net from railroad.. 1,596,654 114,100 Taxes (less war taxes) Net after taxes 1,482,553 Net after rents 1,677,18 War taxes 320.413 Aver. miles of r'd oper. EARNINGS. Central of Georgia Chicago & Eastern Illinois Central New England Chicago &Worth Western Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1917. 1919. 1918. 1 1917. 1918. 1918. 1918. 1 1919. 1917. 1919. 1918. $ $ $ I $ I $ $ $ $ 136,640 3,237,332 253,861 1 12,877,851 10,097,953 989,732 20,811,732 15,876,935 1,567,596 955,173 920,034 3,186 57,724 4,517, 5,876,487 4,253,699 399,592' 4,030,670 3,446,855 519,224 395,783 246,414 264,349, 20,647,382 16,024,537 1,658,805 1,542,927 26,753,092 21,012,172 2,093,216 1,307,376 146,136 3,357,394 38,085! 2,913.602 2,143,140 31,533 369,078 209,169 3,559,040 2,102,756 329,675 311,718 231,576 38,740 4,142,607 2,672,947 40,156 407,859 258,2351 8,745,842 5.350,614 395,003 735,286 576,684 1,3981 .14* 377,070 2,109 15,483 40,265 28,041 480,492 269,567 331,856 19,464 24,365 52,309' 7,894.573 5.265,402 43,930 494,335 572,519 10,801,204 8,057,509 780,616 961,463 753,693 137,700? 15,961,992 11,045,859 1,588,448 1,125.0351 24,085,560 16,398,368 2,079,824 1.636.504 127,850 1,339,770 i'zti,ii it) 4,685,390 4,978,688 18,46 2,011,623 70,357 417,8911 2,667,531 4,613,809 13,391 -329,127 9,565 9,5715 102,263 767,220 787,713 64,798 66,750 940,349 830,931 79,591 75,416 117,083 -. 8,721 3,r• 77 )-(j 4,200,738 1,909,360 352.964 1,723,129 3,778,211 -66,648 -404,865 3,264 2,099,492 16,326 =-.7r="),013, 3,905,339 4,586,662 355,502 1,539,112-4,462,299 -850 120,123 385,617 I 36 36 1,918 1,918 1,131 1,131 Birmingham Southern -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to 1919. 1918. 1917. 1918. 1918. $ $ $ $ $, 92,496 5,494,741 46,225 Freight revenue 884,058 1,167,152 1.634 Passenger revenue 23,808 10,383 296.046 Tot., incl. other rev. 1,397,254 1,201,529 11/,311 6,063,155 56,903 Expenses-Maint.way 16,030 1,171,335 3,934 189,168 106,867 29,3501 1,062,351 3,963 Maint. of equipm't_ 320,440 252,010 906 795 Traffic expenses.. _ _ 9,810 10,979 20,616 Transportation exp. 60,553 2,998,462 21,041 987,563 598,529 L10,08 5,401,886 32,812 Total,incl. other.. 1,014 761 1,161,822 24,090 39,707 Net from rallroad___ _ 382,492 661,268 6,683 3,564 2,681 40,197 95,121 Taxes (less war taxes) 186,469 3,118 287,370 21,409 -490 Net after taxes__ 474,519 Net after rents 7,163 20,372 20,96A 309,611 47,502 80 War taxes 44 27 Aver. miles of r'd oper. EARNINGS. Boston & Maine EARNINGS. Freight revenue Passenger revenue..._ Tot., incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses__ _ Transportation exp_ Total,incl. other.. Net from railroad.. Taxes (less war taxes) Net after taxes Net after rents War taxes Aver. miles of r'd oper. EARNINGS. Freight revenue Passenger revenue...... Tot., incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses...... Transportation exp. Total,incl. other_ Net from railroad_...... Taxes (less war taxes) Net after taxes......... Net after rents War taxes Aver. miles of r'd oper. EARNINGS. 2,258 301 301 8,090 Central Railroad of New Jersey Chicago Burlington & 2,258 684 Buffalo & Susquehanna RR Corp Central Vermont January- -Jan. 1 to Dec. 31- -Month of 1918. 1918. 1917. 1919. $ $ $ $ 1,679,158 104492,827 87.008,589 8,681,843 483,487 28,052,904 24,373,779 2,481,515 2,434,531 144172,769 122342,706 11,647,080 250,450 19,996,385 12,984,568 1.364,560 607,757 29,726,986 18,196,488 2,423,584 25,508 1,209,796 1,681,061 88,686 1,444,415 56,825,202 42,293,222 4,967,753 2,413,640 112067,616 78,632.34:3 9,245,746 20,891 32,105,153 43,110,363 2,401,333 232.577 5,511,594 5,908,882 476,182 -213.661 26,577.201 37,772,041 1,921,966 -214,527 25,016,099 37,319,639 1,748,665 684 8.094 Quincy January1918. $ 6,353,051 1,934.771 9,108,704 963,637 1,954,049 130,188 4,060.899 7,476,820 1,031,884 573,930 1,057,954 1,011,425 9,372 9,373 Chicago Great Western -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of 1919. 1917. 1918. 1918. 1917. 1918. 1919. 1918. 1918. 1917. 1919. $ $ $ $ $ $ $ 184,905 3,799,679 3,024,512 180,603 2,138,357 1,680,420 221,738 12,888,034 11,007,427 1,060,251 323,303 5,946 7,410 70,036 73,986 60,027 4,756,820 3,935,131 965,595 847,284 79,399 490.500 192,810 2,249,666 1,785,855 193,663 5,188,837 4,482,810 315.753 19,116,924 16.368,323 1.653,617 432,297 424,531 26,182 45,595 227,710 819,180 48,199 45,361 3,129,184 2,131,192 438.659 207.090 48,163 1,323,477 83,909 508,749 839,732 719,623 77,230 5,130,650 2,833,950 124,108 465,490 1,534 1,783 23,338 21,270 87,610 8,823 6,159 98,177 386,761 556,562 24,676 76,842 3,187,154 2,320,256 69,185 889,609 569,587 252,403 8,480,988 6,350,827 311,072 798,250 159,719 5,588,538 3,730,310 208,353 2,267,653 1,411,022 396,826 17,783,097 12,492,411 1,554,398 507,539 33,944 -399,701 -17,987 374,833 --15,542 752,500 -75,242 -81,073 1,333,827 3,875,911 99,218 4,100 42,780 3,250 61,163 198,932 206,836 17,400 17,400 671.091 10.253 54,974 29.844 -498,801 60,767 323,064 --18,792 551,409 -02,652 -98.605 657,571 :307,281 43,955 58,463 -547,358 ° 603,210 104,569 781,080 -18,972 -109,644 21,456 2.826,019 -10,665 4,800 75,866 54,900 252 296 411 (See also on page 14) 411 1,496 -93,816- January1918. $ , 725,010 307,269 1,140.815 162,399 269,243 44,969 623,048 1,150,319 -9,503 60,279 -70,124 -94.135 1,496 Buffalo Rochester & Pittsburgh Charleston &11Western Carolina Chicago Indianapolis & Louisville -Jan. 1 to Dec. 31- -Month of January- -Jan. January 1918. 1917. $ 1919. 1918. $ $ Freight revenue 942,582 16,437,948 13,119,838 1,240,706 l'assenger revenue_ 103,902 120,003 1,335,097 1,313,594 Tot., incl. other rev. 18,479,658 14,975,000 1,400,274 1,084,741 Expenses-Maint.way 2.823,761 1,854,770 155,667 197,006 Maint. of equipm't. 5,966,244 4,043.988 431,210 526,220 Traffic expenses.._.. 15,686 191,523 187,923 15,218 • Transportation exp_ 8,179,786 5,813.029 554,600 680,792 Total,incl. other.. 17,577.207 11,878,565 1.453,375 1.190,762 Net from rallroad...._ 902,450 3,096.434 -53,101 -106,021 294,680 26,734 Taxes (less war taxes) 424,810 27,000 607,527 2,671,264 -80,101-1,327,778 Net after taxes___ _ rents 1,027,518 3,535,241 -68,690 Net after 57.768 81,189 153,894 War taxes Aver. miles of r'd oper. (See also on page 14) 584 590 Canadian Pacific Lines (in Me) -Jan. 1 to EARNINGS. 1918. ,,'", $ 1,945,843 Freight revenue Passenger revenue.._.. 'Ms 293,152 Tot., incl. other rev. 2,409,260 Expenses-Maint.way 546,288 581,854 Maint. of equipm't28,949 Traffic expenses...... Transportation exp.. 1,507,053 Total,incl. other.. 2,697,158 -287,891 Net from railroad_ _ 137,952 Taxes (less war taxes) --425,850 Net after taxes --597,254 Net after rents War taxes Aver. miles of r'd oper. 1 to Dec. 31- -Month of 1918. 1917. 1919. $ $ $ 0011 2,154.489 1,816,131 187,104 713.000 57,875 461,717 3,015,886 dk2,401,443 257,979 422,435 45,977 305,345 457,591 ,1 282,718 66,029 50,086 3,467 52,599 1,324,607 841,615 120,452 2,317,402 1,527,927 242,424 698,484 873,515 15,555 109,133 108,000 8,500 590,322 763,317 7,055 704,723 548,531 8,115 --Jan. 1 to 1918. 1918. $ $ 148,369 7,602,549 49,569 2,462,231 209,746 11,017,274 30,470 1,303,589 24,089 2,951,859 4,344 190,186 97,798 4.548,118 162.125 9,291,784 47,621 1,725,490 9,000 391,452 38,617 1,333,252 38,617 746,738 342 342 Chesapeake & Ohio Lines Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of 1917. 1918. 1919. 1918. 1917. 1919. $ $ $ $ $ II41! 1,943,992 185,377 55,720,372 42,998,222 4,44,103 256,521 338,893 31,942 13,629,892 7,899,451 1,220,636 40,960 2,424,739 310,165 233,219 73,720,796 54,643,793 6,032,070 465,161 39,904 35,331 9,700,659 6,905,578 965,778 366,096 69,076 53,886 16,178,533 10,521,724 1,358,148 70,142. 4,580 2,685 694,130 484,417 39,801 1.166.855 194,552 26.189,743 18,537,582 2,434,698 248,172 2,129,438 291,253 54,143,001 38,105,805 4,944,330 363,561 295,300 -53,39. -58,033 19,577,795'16,537,98) 1,087,740 114,420 9,500 1,920,0(10 1.644,075 11,000 172,000 180,880 --64,395 -67,5.13 17,654,904 14,890,415 915,446 61,228 °-° °7-5---7 65' --72,201 17,042,464 15,529,769 802,946 795,255 360,000 233 233 2,484 • Carolina Clinchfield & Ohio Freight revenue Passenger revenue Tot. inel. other rev. Expensss-MuJnt.waY Maint. of equipin't. Traffic expenses...._ Transportation exp_ Total,incl. other_ Net from railroad.... _ Taxes (less war taxes) Net after taxes_ Net after rents War taxes Aver. miles of r'd oper. Dec. 31- -Month of January- -Jan. 1 to_Dec. 31.'- -Month of January1918. 1919. 1917. 1918. 1.4x 19174 1919. • 1918. $ $ $ 'v. 3 $ 324,937 87,630,795 72,264,46 6,494,742 4,223,034 473,864 4,886,043 25,644 28,000,861 24,516,357 2,589,883 1,837,608 24,273 355,274 372,258 127295,678 108264,983 9,795,841 6,809,603 519,438 5,477,288 62,531 19,490,620 13,394,113 1,332,123 1,485,599 87,302 943,083 49,853 26,834,170 17,899,338 2,292,615 1,719,953 140,992 542,092 1,157 951,457 1,354,007 1,509 15,167 70,750 112,156 204.683 58,833,776743,177.645 5,213,115 3,920,331 292,291 1,990,928 326,732 533,650 109498,572 78,758,988 9,238,403 7,481,670 3,618,488 45,525 17,797,106 29,505,994 1,858,799 -14,211 557,437 -672,067 17.100 5,497,481 5,1141,948 16,000 220,585 475,000 420.000 28.424 12,272,956 24,450,937 1,637,893 --30.213 80,508-1,095,312 982.340 .-36,319 --73,724 12.441,431 24,397,856 2,134 -895,859 -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of 1918. 1919. 1918. 1917. 1918. 1917. 1919. $ $ $ $ $ $ $ 43,085,443 35,080,689 3,231,413 2,344.978 33,387,854 27,102,318 2,736,288 1,259,315 1,565,961 19,048,390 17,566,981 7,753,315 6,922,156 578,630 69,911,392 59,686,815 5,445,484 4,092,173 44,790,670 37,096,739 3,612,002 557,241 4,068,182 3,109,100 673,518 10,018,497 6,145,073 378,040 875,717 10,419,019 6,686,132 14,175,173 8,743,665 1,142,877 866,204 36,866 37,521 446,561 480.808 301,723 16,903 369,756 37,504,330 29.850,669 3,363,081 2,937,010 20,458,641 15,240,890 1,624,358 64,430,771 46,947,627 5,425,870 . 4,576.818 36 369 • •270 2(1,412,852 2,985,348 19,614 -484,645 8,421,401) 10,683,886 5,480,620 12.230,187 626,654 174,837, 1,899,982 2,386,875 172,385 2,190,399 2,016,899 157.696 3,290,09g 10,218,497 -152,771 -659,482 6,616,525 8.291,241 468,976 1,737,008 7,234,042 -177,845 -901,539 6,268,096 8,283,704 460,294 $ EARNINGS. 5 Chicago & Alton Chicago Junction January--Jan. 1 to 1918. 1918. $ 2,671,903 606,424 3,562,340 3,435.784 502,041 626.722 958,633 543,804 51,760 6,844 1,817,024 2,529,565 3,452,885 3,792.094 109,455 --156,306 145,000 29,154 -35.551 -385,464 -118,150 133.515 2,478 Dec. 31- -Month of January1917. 1919. 1918. $ $ $ 6,703,191 598,075 308,517 2,178,462 200,194 121,920 9.161.397 867,334 490,061 876,824 88.756 97,746 1,731,784 238,095 176,722 260.630 11,579 16,285 3,384,522 403,559 302,129 6,482,004 772,610 614,992 2,679,893 94,724 -124,930 413,520 30,663 31,564 2,265,749 64,051 --156,542 1,714,616 8,584 -188,084 30,107 657 654 Dec. 31- -Month of January1917. 1919. 1918. $ 3,260,981 314,804 160,201 395,362 95,817 73,851 312,086 55,825 22,528 15,459 92 1.483 1,815,489 260,242 167,624 2,897,904 419,800 272,329 363,077 --104,996 --112,128 43,943 2,155 2,553 318,954 --107,151 -114,681 783,676 --45,645 --101,460 12 -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of 1917. 1918. 1919. 1918. 1917. 1918. 1918. 1919. 1917. 1918. 1919. I; $ $ $ $, 3 $ 3 $ 4,302,163 3,662,142 269,078 17,249,856 14,240,232 1,464,190 445,773 801,246 96,623,657 79,957,271 8,045,271 415,593 302.341 29,523 26,691 5,567,435 4,893,287 325,975 23,492,031 21,329,946 2,209,983 461,659 4,811,231 4,063,267 306,977 24,358,661 20,525,689 2,032,652 1,233.625 132894,454 113739,201 11,054,717 487,897 405,533 656.521 24,293 3,522,418 2,299,138 83,112 226,500 18,906,980 10,953,308 1,358,169 278,669 634,162 1,168,482 114,367 57,113 5.996,530 4,375,493 368,753 38,669,987 22,015,200 3,641,151 578,869 197,248 94,164 4,160 14,615 316,521 477,483 32,983 1,244,656 1,803,963 20,620 67,957 935,725 1,557,080 158,513 100.006 10,238,655 7,526,858 719,436 60,740,934 48,083,125 5,700,577 921,869 3,625,561 2,335,597 373,806 210,329 20,677,428 15,13:3,977 1,858,737 1,395,470 122196,10465,195,963 11,072,948 1,185,670 1,729,669 90,647 3,681,231 5,301,711 114,090 173,914 -161,844 10,698,349 18,5A231 -18,230 214,944 195,500 16,300 14,800 693,709 713,001 54.194 6,185,935 5,980,782 55,500 511,748 1,514,604 990,168 97,700 75,847 2,965,622 4,694,493 118,380 --216,394 74,467,771 22,503,552 --531,760 1,098,305 .. 2,150,171 78,189 113,334 17776:749 '3,606,134 832 -291,098 73,643,19f '21),(384,763 -722,116 13,693 376,628 536,429 282 282 1,050 1,052 10,272 12 Chicago Milwaukee & St Paul January1918. 5,050,531 1,489,369 7,492,518 930,675 2,091,441 135,484 4,240,187 7,583,683 -91,164 510,905 -603,588 -509,109 10,305 6 RAILWAY EARNINGS Chien() Peoria & St Louis EARNINGS. Freight revenue Passenger rev en ue _ _ _ Tot., Inc!. other rev. Expenses-Maint•way Maint. of equipm't_ Traffic expenses_ _ _ Transportation exp _ Total, incl. other_ Net from railroad _ _ _ _ Taxes (lees war taxes) Net after taxes Net after rents War Wes Aver. miles of r'd oper. [VOL. 108. Colorado & Wyoming Denver & Rio Grande -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1917. 1918. 1918. 1918. 1917. 1919. 1919. 1918. 1918. 1917. 1919. 1918. $ $ $ $ $ $ $ $ 1,763,211 1,798,372 98,292 94,940 390,477 336,052 22,961 27,705 24,634,502 21,849,883 2,131,675 1,846,969 265,161 24,022 288,532 19',441 30,235 24,972 1,134 2,771 4,922,279 4,735,517 380,417 355,737 2,147,466 2,191,451 125,305 125,040 1,123,240 1,164,540 77,277 31,356,213 28,023,137 2,568,465 2,342,478 96,283 425,156 33,403 275,804 124,283 22,513 108,383 7,314 7,311 4,635,700 3,563,296 263,642 210,894 784,931 59,333 485,845 48,083 160,644 180,833 17,662 17,171 8,040,802 5,185,373 738,256 574,811 44,301 2,386 71,781 2,010 5,329 1,451 114 75 244,344 484,130 18,425 33,470 963,143 1,197,681 89,391 81,281 496,703 391.032 50,197 36,729 11,260,009 9,252,440 935,023 905,274 2,541,163 1,868,197 185,645 854,790 171.372 712,488 79,474 65,961 25,293,475 19,728,429 2,053,160 .1,817,558 -393,697 -60,339 -46,332 323,254 268,450 452,052 16,808* 11,316 6,058,738 8,694,708 515,305 524,919 90,803 91,769 7,406 47,944 6,750 50,288 3,722 5,000 1,197,000 1,231,010 100,000 110,000 230,226 --484,500 --67,759 --53.082 220,496 401,759 13,085 6,316 4,858,526 7,462,266 414.944 414,875 --529,254 191,813 --70,168 . --65,064 358,685 10,315 4,126 5,439,320 7,395,551 425,653 1717171 247 247 Chicago Rock Island & Gulf -Jan. 1 to 1918. $ 3,073,785 1,072,938 4,420,008 649,078 729,283 85,772 1,712,774 3,328,097 1,091,910 147,030 942,850 968,721 26,858 41 42 Colorado & Southern System 2,640 2,557 Denver & Salt Lake Dec. 31- -Month of JanuaryColorado & Southern -Jan. 1 to Dec. 31- -Month of JanuaryEARNINGS. 1917. 1919. 1918. -Jan. 1 to Dec. 31- -Month of January1917. 1918. 1919. 1918. 1918. $ $ 1917. $ 1919. 1918. $ $ $ $ Freight revenue 271,945 2,792,772 253,618 10,114,942 8,278,758 874,873 746,122 1,676,857 1,647,391 113,129 49,979 Passenger revenue...851.303 82,617 83,873 2,019,672 1,913,524 151,034 174.775 302,326 343,979 17,814 9,123 Tot., incl. other rev. 3,899,172 371,329 358,603 12,955,826 10,966,664 1,089,357 989,966 2,055,509 2,065,216 136,684 63,670 Expensee-M sin t.way 485,436 71,552 62,683 1,483,365 1,021,845 109,904 73,230 760,922 396,453 55,102 43,834 Maint. of equipm't_ 543,644 102.044 43,838 2,782,226 1,880,993 255,945 167,716 845,184 558,013 96,719 59,913 Traffic expenses.. 122,624 98,990 8,475 6,051 131,728 6,635 8,736 11,455 24,928 921 1,184 Transportation exp_ 1,280,541 184,850 128,408 4,328,240 3,372,308 410,523 363,258 1,222,468 1,006,184 93,750 47,072 Total,incl. other.. 2,557,013 224,565 9,376.990 6,797,304 376,645 825,414 648,198 2,889,558 2,041,508 253,597 155,177 Net from railroad.. _ _ _ -5,316 1,342,158 134,037 3,578,836 4,169,360 263,942 341,768 -834,049 23,708 -116,913 -91,50 187,170 Taxes (less war taxes) 13.154 13,154 564,000 554,468 47,100 45,000 108,000 106,108 9,000 9,000 _ _ _ Net after taxes _ 1,154,364 120,855 3,013,801 3,613,623 --18,573 216,566 296,733 --942,062 --82,411 --125,924 --100,507 Net after rents 1,240,593 --17,105 122,795 2,941,746 3,532,389 204,281 280,700 -961,458 --143,124 -126,395 --101,649 War taxes 48,000 19,768 Aver. miles of r'd oper. 474 474 . 1,100 1,103 255 255 Fort Worth & Denver City Chicago Rock Island & Pacific Detroit & Mackinac -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of JanuaryEARNINGS.. 1917. 1918. 1919. 1918. 1917. 1918. 1919. 1918. 1918. 1917. 1919. 1918. $ $ $ $ $ $ $ $ $ $ $ Pr $ Freight revenue 66,112,432 56,897,299 5,295,066 3,924,912 5,611,411 4,444,134 530,206 428,245 1,128,552 891,381 63,954 44,439 Passenger revenue..._ 26,818,293 22,449,782 2,264,510 1,879,598 1,987,610 1,743,810 185,982 173,077 325,346 346,441 29,165 22,106 Tot.. incl. other rev. 99,869,556 85,709,549 8,062,957 6,308,299 7,950,341 6,546,863 773,785 635,241 1,557,633 1,350,456 100,785 73,828 Expensee-M aint.way 14,750,855 10,378,114 1,471,473 792,874 847,174 515,412 75,677 33,168 273,423 165,830 18,190 15,920 Maint. of equipm't_ 24.782,394 16,341,938 2,179,275 1,475,313 1,741,318 1,127,332 186,786 121,537 437,373 290,691 44,152 22,982 Traffic expenses 1,177,790 1,672,487 53,933 93,729 132,113 89,398 939 6,402 26,521 28,300 5,057 3,118 Transportation exp. 42,643,829 52,604,089 3,982,893 3,236,086 3,144,589 2,015,834 323,675 269,466 687,756 537,754 65,134 50,412 Total,incl. other.. 86,098,574 63,489,090 7,956,898 5,891,542 6,036,622 4,032,634 610,705 451,901 1,488,457 1,071,039 152,078 99,322 Net from railroad.. _ 13,770,98 22,220,458 46,059 416,756 1,913,719 2,514,228 163,080 183,340 68,571 279.411 -51,292 -25,03 Taxes (less war taxes) 4,302,862 3,899,613 231,886 343,391 356,235 254,913 19,250 21,440 99,785 99,298 7,073 8,019 Net after taxes_ _ 9,458,589 18,297,101 -297,915 59,746 1,681,630 2,259,202 143.824 161,900 32,70 179,733 -58,366 -33,513 Net after rents 8,211,683 17,491,769 -388,171$ -30,454 1,745,879 2,555,344 133,596 163,969 31,289 282,668 -57,450 -23.556 War taxes 78,141 208,342 Aver. miles of r'd oper. 7,731 7,823 454 454 381 381 Trinity & Brazos Valley Chicago St Paul Minn & Omaha Detroit & ToledeShore Line -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January EARNINGS. 1918. 1917. 1919. 1918. 1918. 1917. 1919. 1918. 1918. 1917. 1919. 1918. $ $ $ $ $ $ $ $ $ $ is $ Freight revenue_ 16,897,812 13,884,709 1,560,580 1,093,416 384,587 810,726 92,772 72,245 1,960,970 1,807,194 193,433 110,279 Passenger revenue:.__ 6,238,806 5,741,037 546,006 173,489 432,780 176.645 18.429 12.933 Tot., incl. other rev. 24,829,981 21,476,509 2,314,847 1.659,116 1,164,137 1,095,339 116,211 91,184 1.999,025 1,827,430 205,123 110,969 Expenses-Maint.way 3,056,376 2,481,819 203,590 343,428 123,148 288,296 39,793 22,264 149,937 101,175 11,807 8,890 Maint. of equipm't 5,055,958 3,016,674 434,855 453,405 301,746 379,165 39,597 36,587 222,433 142,734 16,241 11,502 Traffic expenses..__ 244,791 344,105 21,737 27,329 24,016 30,120 1,788 1,874 17,153 21,750 386 1,378 Transportation exp_ 11,720,793 9,279,431 1,107,396 1,017,310 622,713 491,843 62,176 43,605 663,119 571,080 60,385 51,615 Total. incl. other.. 20.884,199 15,841,312 1,845,819 1,527,780 1,536,886 1,281 176 151.792 111,605 1,097,305 878,251 90,270 76,852 Net from railroad__ 3,946,781 5,635,196 131,335 -372,749 -185,837 * -45,580 -20,421 469.028 901,719 • 949,178 ,14,852 --734fng Taxes (less war taxes) 1,288,404 1,327,995 108.176 95,547 69,673 71,979 5.714 5,998 129.037 84,620 7,250 6,206 Net after taxes____ 2,651,912 4,298,538 359,803 35,367 -442,515 -257,837 ---41,295 -26,419 772,1172 864,470 107,602 27--,-gra Net after rents 2,624,720 4,219,232 387.752' 291,273 35,125 --206,849 --18,656 460,194 406,440 101,891 War taxes 10,950 Aver. miles of r'd oper. 1,749 1,749 368 368 61 61 Chicago Terre Haute & Southeast Crippie Creek S5 Colorado Springs Detroit Toledo elronton -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month_of JanuaryEARNINGS. 1917. 1918. 1918. 1918. 1919. 1917. 1919. 1918. 1918. 1917. 1919. , $ $ $ $ $ *See note., $ /1' 1918. $ $ $ $ Freight revenue 4,644,201 3,493,016 791,274 318.809 191,851 914,588 18.671 67,022 3,070,617 2,530,229 328,921 93,568 _ _ revenue_ Passenger 255,467 220,136 113,401 22,009 17,691 170.567 . 3,564 10,844 145,200 165,447 11.697 6,895 Tot., incl. other rev. 5,000,956 3,805,025 927,306 1,113,169 347,389 217,286 22.402 79,635 3,413,340 2,903,354 362,987 112,757 Expenses-Maint.way 661,511 80,721 440,351 49,685 41,485 86,849 692 7,656 724,676 376,259 96,108 40,077 Maint. of equipm't.. 1,713,859 168,930 937,156 89.982 115,539 95,486 3,9114 6,940 1,010,432 505,819 106,751 61,246 Traffic expenses...... 17,285 11,752 3,612 46.452 55,134 2,376 158 920 45,415 57,155 2,602 3,529 Transportation exp_ 1,813,200 1,323,130 140,567 310,745 137,732 288,134 4,445 28,302 1,875,433 1,631,807 186,675 124,687 Total,incl. other_ 4,373,049 2,889,488 553,276 372,888 291,712 519,471 9,467 47,234 3,795,140 2,670,684 405,864 238,864 Net from rallroad.._ _ _ 915,536 72177. 627;906 3 -14,425 314,030 593,697 12,935 32,401 -381,800 232,669 . --126,10d 186.999 174,000 Taxes (less war waxes) 86.984 14,500 12.500 64,893 2,500 4.142 103,300 90.908 8,900 8,900 Net after taxes.._.. _ 287.0:31 716,745 453,807 -39,998 86,925 528.80,1 10,409 28,259 --485,270 134,570 . --51,777 -135,018 Net after rents 766,168 1,313,843 --38,212 --51A0 269,011 491,749 16,419 26,344 -=722,550 -45.718 -81,779 .17159m8 War tares 24,000 48,857 Aver. miles of r'd oper. 374 374 76 116 457 463 Cincinnati Indianapolis & West EARNINGS. Freight revenue Passenger revenue.._.. Tot., incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses Transportation cap_ Total. Incl. other_ Net from railroad _ _ Taxes (less war taxes) Net after taxes Net after rents War taxes Aver. miles of r'd oper. -Jan. 1 to 1918. $ 2,319.509 531,510 3,137,152 512,005 935,906 72,845 1,494,352 3,151,063 -1-3,-911 123,917 Delaware & Hudson Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of 1917. 1918. 1919. 1918. 1917. 1919. $ $ $ i $ 3 162,715 1,822,874 149,847 30,104,926 25,347,363 2,291,076 572,127 37,667 2,804.056 3.036,063 61,843 228.169 2,639,537 208,687 34,789.864 29,989,399 2,663,954 233,143 19,950 3,737,523 2,521,969 '57,852 328,990 400,565 42,528 9,536,063 6,662,231 80,349 473,057 859,461 254,672 84,943 4,309 6,190 325,898 18,658 142,825 1,139,395 106,365 16,556.075 12,746,188 1,319.252 2,127,458 298,589 183.860 31,353,784 23,449,952 2,744,613, 612,078 -65,446 24,8211 * a,436,079 7,7777 -80,659 10.243 128,955 848.986 9,241, 920,381 60,000 -137,828 383,122 ),425 -M . = 2,5,7 5.615.587 -141.503 ..---..... 15.586407,313 -165,412 18,244 2,446,556 5,550,375 ***-.1447707 -78,511 14,980 321 321 873 Cincinnati New On & Texas Pac Delaware Lackawanna & Western -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of 1918. 1919. 1917. 1918. 1918. 1917. 1919. $ $ $ $ $ $ $ • Freight revenue 10,347,638 9,158,134 1,036,264 480,665 50,297,399 41,767,706 4,400,466 Passenger revenue_ _ 4,158,640 3,098,076 11,204,813 410,996 277,584 9,789.838 880,576 Tot., incl. other rev. 15,478,641 13,051,819 1,511,116 850,754 68,740.076 57,211,224 5.699.053 Expenses-Maint.way 1,394,508 78,424 5,552,541 4,514.994 88.385 892,929 499,403 Maint. of equipm't_ 4,662,349 2,995,286 398,179 269.988 13,337,602 8,979,439 1,255,533 Traffic expenses_ _ 664,087 254,714 20,615 342,344 24,948 948,948 39,517 Transportation exp.. 5.940,054 4,292,038 409,830 28,613,367 21,712,091 2,545,023 521,234 Total. Incl. other_ 12,60.1,040 2,841,060 1,071,176 812,238 49,925,68,1 37,676.488 4.500,274 Net from railroad_ _ _ _ 2,874,601 4,210,758 38,516 18,814,391 10-,534.735 1,198778 439.940 500,019 70,772 Taxes (less war taxes) 38,999 38,861 2,911,212 3,251,917 220,101 Net after taxes_ _ __ 2,373,375 3,502,870 -453 15,85Ti5 16,270,061 399,748 9/8,2/6 Net after rents 3,041,946 405,182 469,207 73,111 16,011,656 16,430, 50 b51.159 War faxes 768,474 330,000 Aye,zniits of r'd oper. 337 337, 955 * Road ceased to operate all steam roads Dec. 311918. EARNINGS. Duluth & Iron Range January- -Jan. 1 to Dec. 31- -Month of January1918. 1918. 1917. 1919. 1918. $ $ $ $ 1,792,746 8,5147,290 6,893,990 61,408 69,111 216,490 232,475 243,969 23,654 19,745 2,122,363 8,978,929 7,371,399 102,527 102,235 309,432 1,163,394 1,141,861 47,465 62,072 923,465 1,134,256 948,711 88,827 73,729 23,003 8,547 19,283 299 1,306 1,354,014 2,279.848 2,066.773 124,221 108.411 2,738,378 4,744,742. 4,418,084 272,785 258.849 -616,01S 4,234,187 2,0153,14 -170,25'156.6i 79,610 514.476 419,885 6,086 5,328 695,652 ,719,15-64 2,532,775 *---7-7.77.711. *-----1-fiEM L-682,223 3,803,616 2,517,588 -166,420 -161,010 231,421 902 292 284 Duluth Missabe & Northern January- -Jan. 1 to Dec. 31- -Month of 1918. 1918. 1917. 1919. $ $ $ $ 3,168,336 20,214,748,14,105,621 127,232 696,302 443,549 401,532 38,082 4,393,946 21,545,270 15,306,599 192,049 282,414 1,902,944 1,708,366 154,339 802,066 1,722,262 1,383,364 121,659 68,324 34,252 44,219 2,506 2,215,996 3,788,755 3,381,430 156,404 3,501,636 7,957,432 7,140,1355 460,892 862,109 17K6FiTrai 8,165,044 ' -'7 2(73,842 234,660 1,339,764 887,595 9,000 656,811 12,'248,073 7,278,349' --1277,84g 641,08 12,465,ii7, 1,551,348 955 410 '-rrourr4 , ' --263,W January1918. $ 87,803 . 30,809 142,987 103,233 124,115 3,629 133,222 406,726 -263,739 19,546 -274,288 -211,36g 410 MAR., 1919.] RAILWAY EARNINGS Duluth South 'holm & Atlantic -Jan. 1 to 1918. $ Freight revenue 3,506,933 Passenger revenue__ _ 1.012,274 Tot., incl. other rev. 4,824,186 Expenses-Maint.way 991.642 Maint. of equipm't.. 748,105 Traffic expenses 77,026 Transportation exp. 2,288,096 other_ Total,Incl. 4,263,020 Net from railroad_ _ 561,165 223,923 Taxes (less war taxes) Net after taxes 3Y209 rents Net after 263,948 War taxes Aver. miles of r'd oper. EARNINGS. Florida East Coast Great Northern January--Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1918. 1918. 1918. 1917. 1919. 1918. 1917. 1919. 1918.1,i $ 5 184,796 5,062,713 4,292,809 359,342 76,937,445 64,300,666 6,888,697 4,127,959 553.702 72,636 2,578,389 2,588,026 277,695 15,672,419 15,836,341 1.296,382 1,044.607 354,491 273,307 8,841,222 8,140,167 1,008,152 755,494 100661066 88,534,163 8,874.400 -878 -8723" 59,056 1,176,625 809,942 72,694 17,391,119 11,555,903 1,232,727 157,961 827,285 52,509 1,540,285 1,030,351 89,565 20,754,684 11,886,672 2.018,054 1.152,274 186,104 5,867 107,134 109,506 778,988 1.336,870 16,040 8,662 44,383 89,243 171.730 3,798,948 2,482,407 254,834 43,002,265 32,243,472 3,877.817 3,367,734 430.631 301,653 6,742,703 4,501,195 445,744 84,389,569 59,247.785 7,426,610 5,631,978 810.859 -28,345 2,098,518 3,638,971 197,292 309,749 16,271,497 29,290,377 1,447,789 153,644 420,396 570.631 19,000 38,816 37,271 5.626,103 6,297,188 510,414 450,668 -47,345 1,676,243 3,067,737 158,297 272.374 10,639,228 22.987.545 936,706 -297,573 -54,075 1,601,838 Th,933,398 165,102 258,326 11,978,790 23,750,587 924,957 -200,660 55,110 39 599 601 764 764 8,258 8,255 Dec. 31- -Month of 1917. 1919. S. $ 2,940.067 231,844 1,075,322 79,177 4,316,294 328.127 778,974 49,208 554,981 68,182 91,228 5,941 1.860,561 194,549 3,452,571 332,645 863,723 -4,518 213,970 19,000 649,528 -23,518 535,775 -26,671 Duluth Winnipeg & Pacific -Jan. 1 to 1918. $ Freight revenue 1,400,221 Passenger revenue_ _ _ 266,469 Tot., incl. other rev. 1,712,066 Expenses-Maint.way 258,924 Maint. of equipm't_ 287,119 Traffic expenses_ 33,633 Transportation exp. 828.140 Total,Incl.other_ 1,485,392 226,673 Net from railroad....96,358 Taxes (less war taxes) 130,307 Net after taxes__ Net after rents 215,020 -35,554 War taxes Aver. miles of r'd oper. EARNINGS. East St Louis Connecting EARNINGS. Freight revenue Passenger revenue_ _ _ Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses..._ Transportation exp.. Total. Incl. other_ Net from railroad...... _ Taxes (less war taxes) Net after taxes Net after rents War taxes Aver. miles of r'd oper. Fonda Johnstown & Gloversville Gulf & Ship Island Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to 1917. 1919. 1918. 1918. 1917. 1919. 1918. 1918. $ $ $ $ $ $ $ $ 1,685,639 138.850 104.076 354,233 285,541 26,860 17,899 1,737,688 289,777 23,994 714,898 24,892 718,880 62,967 57,005 605,471 2,026,108 166,747 132,526 1,123,137 1,064,318 93,504 80,274 2,548,059 205,687 15,251 14,102 117,243 9,801 99,728 9,273 524,447 273,165 31,163 22,643 97,339 80,976 9.101 6,655 455,786 31,483 2,258 2,738 7,444 8,720 465 468 44,985 930,170 83,054 86,289 413,119 336,574 38,974 27.176 888,676 1,529,373 138,366 131,157 696,888 602,217 63,333 50,138 2,033,132 496,735 28,381 1,369 426,248 462,100 30,171 30,136 514,927 112,344 8,357 6,509 55,522 46,905 136,088 4.900 4,500 384,387 20,023 -5,139 370,725 415,194 • 25,271 378.318 5,636 383,696 28,761 2,887 321,182 377,043 22,115 363,664 23,775 644 175 175 (See also on page 14) 88 Fort Smith & Western 307 307' Gulf Mobile & Northern -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of JanuarV- -Jan. 1 to 1918. 1917. 1919. 1918. 1918. 1917. 1919. 1918. 1918. $ 84,392 803,018 80,844 78,531 1,867.949 302,486 278,846 27,120 24,429 426,398 62,801 1,296,857 1,179.849 1,118,382 1,126,252 98,596 114,334 111,086 2,418,292 142,381 10,954 9,355 96,552 200,901 202,248 18,497 13,910 431,541 7,538 247.562 82.562 45,286 341,131 271,192 28,490 28,277 557,448 3,502 371 307 2,761 37,286 36,467 3,488 2,879 56,227 874,684 66,850 68.454 653,388 466,656 369,335 46,633 44,725 999,167 1,315,529 870,680 126,686 89,214 1,120.474 941,700 103.371 95,033 2,156.110 255,571 -28.089 -26,412 -197,147 176.382 238,148 10,962 16,052 262,181 21,604 26,268 2,000 1,652 53,815 48,180 5,000 140,635 5,000 -223,418 233,064 -30,089 -28,066 122,154 189,940 5,962 121,511 11,052 -385,023 32,546 -39,608 --39,022 186,732 242,016 10,174 14,583 191.159 23,260 3 3 253 253 Elgin Joliet & Eastern Dec. 31- -Month of January1917. 1919. 1918. A $ $ $ '" • 1,714,243 119,694 127,537 462,593 39.039 40,776 2,328,741 175,865 187,675 338,290 52,014 33,610 338,416 40,156 34.560 40,820 2,980 3,691 720,152 78,109 63,475 1,552,310 181,877 145,280 776,431 -6,012 42.394 129,118 10,471 11,944 646,994 -16.484 30,449 678.337 -16,626 24,474 Dec. 31- -Month of January1917. 1919. 1918. 3 i i 1,862,429 142,217 181.348 338,234 39,630 31,320 2,322.649 194,666 171.631 311,491 40,192 22,870 399,371 51,975 36,218 51.815 4,709 5,354 717.339 94.381 65,966 1,589,401 200,944 139,252 733,248 -6,278 32.37$ 140,565 9,929 9,902 592,674 -16,208 22,46 757,079 -15,148 30,81' 572 424 402 Galveston Wharf Hocking Valley Georgia Illinois Central -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dee. -Month of January- -Jan. 1 to Dec. 31- -Month of January1918. 1917. 1919. 1918. 1918. 1917. 1019. 1918. 1918. 1917. 1919. 1918. $ $ $ $ $ i $ $ Freight revenue 17,708,548 14,622,696 1,616,123 730,393 11,343,613 8,974,872 396,667 529,878 Passenger revenue_ _ _ 127 145 8 3 1,038,843 961.706 91,284 65,758 Tot.. incl. other rev. 20,685,048 15,816,473 1,952,204 860,545 1,049,837 1,092.443 86,013 76,610 13.155.861 10,696,434 509,763 623,115 Expenses-Maint.way 1,772,775 1.416,364 225,412 150,506 142,698 109.636 12,110 10,254 1,490,446 945,590 134,192 99,933 Maint. of equipm't 5,078,665 3,527,154 466,956 299.674 18.892 16,477 1,322 3,718,009 2,365,944 714 316,507 266,788 Traffic expenses_ 100.774 80,903 6.017 4,830 3,609 4,535 24 252 83,422 120,674 5,668 8,165 Transportation exp_ 7.555,016 5,619,427 505,279 756,911 351,943 306,645 38,892 21,097 4,912,856 3,716,383 261,506 359.829 Total. Incl. other_ 14,785,276 10,997 720 1,404,979 1,063,876 687,689 600,846 62,698 43.722 10.448,792 7.409,122 739.551 754.211 Net from rallroad... W72 4.81TitffS `=-777727 7 -203,331 362,148 491,597 23,314 32,888 2,707,068 3,287.311 -229.787 -13t561 599,056 619,089 53,250 50,772 Taxes (lees war taxes) 138,420 147,783 11,400 12.300 483,589 612,568 57,066 49,850 Net after taxes ..3,3( ---WN2 4,196,164 493,974 -254,104 223,720 343,813 11,914 20.588 2,223,364 2.668,024 -286,854 --180.64d -4,717,973 2,433,632 Net after rents 469,973 -359,836 227,316 343,813 11,914 20,588 2.718,733 3,314.957 -246,710 -164,68d War taxes 13,000 349 220,179 Aver. miles of r'd open 810 805 13 13 350 349 EARNINGS. El Paso & Southwestern EARNINGS. Freight revenue Passenger revenue_Tot.. incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses..._ Transportation exp.. Total, Incl. other.. Net from railroad.. Taxes (less war taxes) Net after taxes.. Net after rents War taxes Aver. miles of r'd oper. -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to 1918. 1917. 1919. 1918. 1918. $ $ $ $ $ 11,785,974 10,584,191 859.359 9M ,934 4,196.619 2.334,757 2,350,791 167.312 212,364 2.085,482 14,790,467 13,634,862 1,080.832 1,219.615 6,716.502 1,416.319 1,258,632 133,355 101,125 513,568 2,471,400 1,633,177 211.627 175,371 897,299 155.628 249.781 8,628 22,043 90,093 4,165,189 3,706,185 306.333 352,847 2,689,287 8,629 019 7,299,958 691,007 688,793 4,358,771 6,161,441 6,334,903 389,824 530,822 2,357.730 612,704 1,210 901 90,899 50,985 75,062 4,950,259 5,721 977 298,891 2,282,494 479,831 4,936,391 5,443, 53 296,998 • 474,463 2,246,569 1,027 Erie System 1,028 Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January1917. 1919. 1918. 1918. 1917. 1919. 1918. $ $ $ 2,858,362 283.700 287,519 79,271,487 63.126,728 6,023,205 4,306,107 1,169,337 223,345 110,997 20,543,263 17,099,174 2,016.311 1,456,250 4,366,637 545,491 431.997 107320261 87.144,786 8.503.956 6.333.078 349,070 55.645 33,549 16,301,104 11,289,315 1.508.754 1.354,165 603,209 84.290 58,650 26,615,299 18,214,178 2,344,004 1.590.191 171,326 5,189 12,148 855,542 1.332,010 59.148 90,952 1,699,732 244,933 198,273 43,214,596 29,076,857 4,004,446 3.058.082 2,940,043 406,702 313,146 90,184,410 62,339,834 8,217,704 6,316.038 1,426.593 138,788 -118.855 17,135750 24.804.951 286,252M7,03 73.953 6,950 5,950 5,036,609 4,785,500 ... 407,500, 373.462 1,352,283 131,837 -112,817 12,085,072. 20,007.080 -122.433 --.',71,560 1,45276-6-4: 147,612 96,4n 12,907173 22,911,624 --154,821 --99,149 992,190 1,400,864 328 328 4,783 4,765 Grand Trunk Lines in New Eng. 1.11===.2.0.o.pl •21===11.11.1=MC1 International & Great Northern Erie Atlantic &Ulmer:mice ER -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January1918. 1917. 1919. 1918. 1917. 1918. 1919. 1918. 1918. 1917. 1918. 1919. 67.683.701 53,764,724 5.514.406 3,210,950 1,245,868 Freight revenue 269.389 121.090 8,859.714 8,582,334 795,232 685.428 11,689,242 revenue 9.879,483 Passenger 928,247 636,942 173,587 22,412 21,773 3,597,255 3,158,011 250.650 269.828 Tot.. Incl. other rev. 87,855,460 70,982,218 6.954,625 4,534,628 1,668,748 336.770 153.480 13,476,888 12.588,224 1.105,735 1,052,522 Expenses-Maint.way 10,775,540 6,666,675 745,434 670,535 400,088 83,145 31.210 2,103,699 1.438.225 256.982 119.982 Maint. of equipm't_ 28,462,304 17,600.714 2,529,945 1,636.197 302,770 40,215 35.260 3,083.452 2,017,288 211.664 184,566 845.098 1,158,556 Traffic expenses_ 57,023 83,045 12.036 2,830 4.140 159,153 271,488 13.562 20,555 Transportation exp_ 45,030,329 33,357,263 3.862,286 3,091.643 920,755 304,458 171,589 5.858,605 4.596,543 560,719 452,577 Total, incl. other_ 87,663,773 60,817,684 ..7,43 .4,4/A 5,665,352 1,796,613 474,861 249,090 11,643.003 8,649,994. 1.082,754 807.456 it.=.773 10,164,534 ===-470762.171.134 -127,864 Net from railroad_ _ _ _ -138.090 -95,610 1,8.3.3.885 3,938,230 2.981 245,066 Taxes (less war taxes) 2,331,677 2,37 ,818 197,350 113,164 197,350 11,500 11,746 390,000 358,232 30.000 30,000 2,a7,221 7,_11_,_54..7-679,601 -1,328 099 -241,028 Net after taxes._ -149,590 -107,356 1,441,842 3,577,365 -7,019 214.94i -1,079,617 8,671,220 -.1576,972 -1,324,869 -532,2T1 Net after rents -183,853 -109,353 1,372,280 3,253,235'-10,834 182.296 War taxes 1,489 Aver. miles of r'd oper. 1.989 1,989 172 172, 1,159 1,159 Chicago & Erie Grand Trunk Western City Mexico & Orient RR -Jan. 1 to Dec. 31- -Month of January- (Now includes Dot Or Hav & Milwaukee and Kansas Jan. 1 to Dec. 31- -Month of JanuaryEARNINGS. 1918. ' 1917. 1919. Chicago Dot & Can Or Trunk Junction) I 1918. 1917. 1919. 1918. 1918. $ $ $ -Jan. 1 to Dec. 31- -Month of January$ i i S i 9,116,202 7,496.444 Freight revenue 709.791 390.382 14.820,434 11,967,675 1,224,676 605,916 1,040,234 1,003,352 46.507 84,968 587.875 953,506 Passenger revenue_ _ _ 73,569 43,719 2,829,554 2,541,631 269,523 184,970 155,393 151.105 11,340 12,176 Tot.,incl. other rev. 11,039,823 8,794,149 823,272 502.814 19,376,032 16,208,567 7,1323,464 913,149 1,259,674 1,217,344 60,791 103,078 829,628 Expenses-M aint.way 1.836,862 84,909 403,958 2,578,796 2,093,333 212,593 176,358 259.367 33,027 187.105 14.561 Maint. of equipin't_ 1,938,442 1,156,620 154,398 123.737 4,542,156 2,839,493 412,866 285,897 540.349 320,046 48,605 31,355 233,451 161,660 Traffic expenses_ _ _ 9,510 277,385 326,227 15,915 30,497 8,666 37,866 62,853 967 4.694 Transportation exp.. 5,509,710 4,213,164 414,903 401.795 9,271,215 8,076,789 802,345 704,008 560,343 686,356 57.666 55.071 Total,I net other.. 9,741,122 6,659,438 720,294 146,686 111.977 965,765 17,240,052 13,833,075 1,481,49,11,239,736 1,604,682 1,202,292 102,977 --162,951 2,13.5,08d 2,375,492 Net from railroad_ _ _ _ 1,298,500 2,134,710 15.051 -85,895 141,972-326,587 -345,007 -8.898 Taxes (less war taxes) 75,363 601,681 584,946 73,156 6,281 50,150 309,028 48.229 6,250 328,51/ 25.752 25,70 970,137 1,825,662 77,225 : Net after texas.-1=488203. 1,530,181" -60,56 -418,165 -2,156 .1-,787,52:3 91,704 7 L-154,88:i :MOM --880,453 --2,723 Net after rents 188,791 -341,055 4/b".7515 -453,500 -334,318 -47,4; -73,186 14.884 War taxes.._...._. 269 Aver. miles of r'd open 269 272 272 1,002 1,023 EARNINGS. RAILWAY EARNINGS Hans City Mex & Or Ry of Texas EARNINGS. Freight revenue Passenger revenue_ _ _ Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't Traffic expenses.. Transportation exp_ Total,incl. other.. Net from railroad_ Taxes (less war taxes) Net after taxes__ Net after rents War taxes Aver. miles of r'd oper. -Jan. 1 to 1918. $ 976,445 147,556 1,188,656 289,244 463,240 30,002 666,265 1.513,657 -325,000 64,031 -389,730 --361,530 [VOL. 108 Mineral Range Los Angeles & Salt Lake Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. I to 1917. 1919. 1918. 1918. 1919. 1918. 1918. 1917. $ $ $ $ $ $ $ 1,052,530 57,269 89,928 9,847,716 8,232,860 938,785 630,577 1,085,325 191,199 13,502 26,339 12,863 3,617,523 3,475,246 315,955 287,711 108,533 14,517,377 12,766,723 1,300,741 1,013,989 1,143,534 1,308,/78 75,003 199,694 221,701 32,705 19,104 1,883,663 1,386,152 172,672 166,034 268,367 291,429 52,059 29,578 3,052,669 1,811,902 258,861 188,600 47,463 4,626 4,183 34,010 1,398 398,537 15,831 270,805 669,843 615,455 52,692 5,069,072 3,644,763 62,698 446,712 384,348 1,101,261 1,287.689 154,875 109,159 10,871,887 7,721,225 950,942 821,743 42,272 21,089 -79,871 349,799 192,24-6 -625 3,645,600 5,035,497 40,000 64,433 4,985 5,000 717,989 60,571 63,675 714.519 2,272 -43,564 --84,856 --5,708 2,926,058 4,320,484 128,553 289,0/2 --8,815 0,739 --84,856 4,450 2,746,635 3,946,164 275,309 91,768 45,360 68,924 465 465 1,164 1,168 Kansas City Southern System Dec. 31- -Month of January1917. 1919. 1918. 1,115,890 35,422 1,184,849 '238,226 217,629 5,837 645,976 1,02,501 62,348 40,388 21,959 3,888 97,758 695 100,252 9,983 28,095 300 47,289 86,742 13,510 3.300 10,210 12,406 92,581 2,635 97,931 17,741 20,476 571 59.633 99,541 --1,609 3,300 --4,909 --5,380 101 100 Minneapolis & St Louis Louisiana & Arkansas Kansas City Southern -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January-Jan. 1 to Dec. 31- -Month of January1917. 1919. 1918. 1918. ' 1919. 1917. 1918. 1918. 1917. 1918. 1919. $ $ 1918. $ $ 11,858,056 9,544,757 • Freight revenue 954,948 842,686 1,216,629 1,214,523 685,278. 661,231 114,013 101,056 9,326,192 8,332,445 Passenger revenue...._ 2.241,542 1,843,390 210,426 166,329 153,986 382,345 34,245 26,792 2,049,093 1,952,181 .209,115 293,282 Tot..incl. other rev. 15.250.406 '12,410,965 1,263,651 1,090,213 1,671,651 1,569,721 925,82/ i 875,021 133,291 12,028,300 11,005,062 156,192 Expenses-MaInt.way 1,846,143 1,173,189 226,714 97,023 190,468 122,833 36,146 17,740 2,128,723 1,535,250 373,696 281,681 Maint. of equipm't_ 3,014,974- 1,839,807 289,979 256,392 184,524 153,713 35,024 21,700 2,989,574, 1,270,519 309,652 260,689 b; Traffic expenses.._ _ 215,073 13,870 305,456 16,956 211,531 150,890 24,572 18,193 3,376 2,448 37,510 46,345 Transportation exp_ 6,035,899 3,932,382 521,783 577,955 419,822 441,485 74,793 48,096 5.792,794 4,575,865 673,682 484,462 Total.Incl. other.. 11,525,000 7.634,680 1,060,601 760,722 1,460,451 1.123,395 95,887 11,371,096 7,851,575 1,103,011 757,356 154.17; Net from railroad_ _ _ _ 3,725,405 4,776,284 203,049 330,440 657,203 3,153,487 -177,189 17776T4 2,013 37,403 211,199 446,326 694,447 648,298 57,002 592,911 89,029 542,801 56,986 Taxes (less war taxes) 4.5801 10,340 9,995 143,605 113,839 3,028,667 .4,178,956 Net after taxes__ 113.529 273,104 5,173 2.607 434 -234,361 71,146 21,406 --8.326 67,377 332,432 Net after rents 2,782,976 4,110,005 235,781 2,588,495 --241,265 93,495 273,164 21,139 366,832 --12,254 77,636 150,000 104,567 'tar taxes 3,707 2,948 , 774 ver. miles of r'd oper. 1,646 774 302 302 Texarkana /Se Fort Smith Minn St Paul & Sault Ste Marie, Louisiana Railway & Nay Co -Jan. 1 to Dec. 31- -Month of January- -Month of December- -Jan. 1 to Dec. 31- -Jan. 1 to Dec. 31- -Month of January1917. 1917. 1919. 1918. 1919. 1918. EARNINGS. 1918. 1918. 1918. 1917. 1917. 1918. $ $ $ $ $ $ $ $ 885,982 998,448 73,586 72,226 Freight revenue 160,617 2,170,751 1,877,609 27,097,097 25,360,290 2,462,042 1,273,497 201,549 565,800 190.566 152,318 15.933 14.967 526,010 Passenger revenue 730,693 478,978 6,255,850 6,545,722 57,880 78,980 98,108 95,135 Tot.,in other rev. 1,281,121 1,136,522 251,533 3,078,058 2,497,535 35.930,292 34.540,491 3,175,355 1,984,970 274,390 368,049 141,593 94,196 14,916 8,037 Expenses-Maint.way 245,219 500.253 314,445 5,255,934 3,776,557 46.747 26,531 741,939 58,732 156,638 38,156 Maint. of equipm't_ 434,586 4,148 518,073 320,863 7,292,081 4.736,339 48,329 24,176 359,329 567,917 21,148 A 39,769 18,764 32,799 372 2,684 77,947 Traffic expenses 6,863 52,032 3,481 470,347 346,390 37,310 38,236 Transportation exp.. 944,641 15,821,328 12,994,088 1,406,714 1,134,393 160,325, 89,366 1,422,871 570,855 94,171 838,558 Total.Incl. other.. 56,581 266,174 154,096 2,535,973 1,738,051 29,690,607 22.964,793 2,609,709 1,729,003 565,645 5 5706 -d 565,666 3,937 442,568 38,554 MT-fa 97,436 492.084 759,483 6,239,684 11,575,691 Net from rallroad 187,693 92,852 103,746 166.328 6,458 7,290 171,919 207,873 2,185,359 2,241,671 16,383 15.527 Taxes (lets war taxes) 4,054,092 9,331,311 377,942 -110,370 349,703 461,206 --2,521 31,262 319,919 ". _ 81,90d :,o1,105 after taxes___ -43,169 Net lein• 273,928 310,034 390,217 1,549 24,568 -23.800 Netfafter rents 79,658 78,862 198,746 518,515 3,858,722 0,213,413 14,889 War taxes 4,243 4,227 81 81 356 342 Aver. miles ofr'd oper. !iZ1 rPF EARNINGS. -Taal Kansas City Terminal EARNINGS. Freight revenue Passenger revenue...._ Tot.. incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses_ _ Transportation Total,incl. other.. Net from railroad_ Taxes (less war taxes) Net after taxes Net after rents War taxes Aver. miles of r'd oper. January- -Jan. 1 to Dec. 31- -Month of January1917. 1919. 1918. 1918. 1918. $ $ $ $ $ 744,597 51,341'j 51,410 654,549 4,268,388 445,797 253,387 22,071 1... 25.244 1,567,455 974,749 74,705 6,243,830 1,246,990 84,948 120.337 184.085 18,666 766,814 9,961 229,000 306,932 32,211 23,033 ` 1,407,168 14,005 17,448 1,385 126,049 1,452 260,532 399,515 30,638 2,919,707 29,867 88,266;' 69,598 666,456 967,195 5,374,021 279,794 308,293 -13,560 869,808 15,350. 250,184 3,325 44,512 276,851 3,490 235,264 385,914 -16,89040 11,854 591,138 303,526 385,914 -13,933 790,328 20,820 9,225 164 164 5,074 Louisville Henderson & St Louis Lehigh & Hudson River -Jan. I to Dec. 31- -Month of January- -Jan. 1 to 1918. 1918. 1919. 1917. 1918. $ $ $ $ 138,305 2,001,210 196,632 2,333,219 2,027,163 Freight revenue 4,104 4,030 730,903 49.344 45,620 Passenger revenue.. 148,701 2,858,463 206,405 Tot..Incl. other rev. 2,476,850 2,247,616 16,729 20,408 422,567 230,541 Expenses-Maint.way 334,563 414.043 29,373 67,669 349,754 446,069 Maint. of equipm't_ 1,449 71,132 1,254 19,400 19,127 Traffic expenses.._.. 78,730 1.029,018 105,820 805,950 Transportation exp_ 1,085,436 130,661 2,004,819 200,872 Total.Incl. other.. 1,953.118 1,467,806 853,644 18,040 5,533 779,810 523,732 Net from railroad.._ 72,647 6,000 6,000 65,400 71,600 Taxes (less war taxes) 12,040 780.674 -466 714,407 452,112 . Net after taxes__ _ _ 640,222 5,802 -10,505 ' 525,372 357,549 Net after rents 6,750 33,000 30,000 War taxes 96 96 Aver. miles of r'd oper. •1 EARNINGS. Mississippi Central Louisville & Nashville -Jan. 1 to Dec. 31- -Month of January- ----Jan. 1 to Dec. 31- -Month of 1917. 1919., 1918. 1917. 1919. 1918. 1918. 3 $ $ 71,479,723 55,678,079 5,713,706 24,484,069 16,374,643 2,686,048 107,669 90,806 101392,792 76,907,387 8,256,212 1,247,829.17,17.1 1 g 9,972 10,982 13,126,522 9,289,233 1,368,394 174,945 112,680 19,723 23,341,987 14,852,774 2,162,613 31,570 284,406 176,063 84,687 1,366,059 1.556,848 63,209 46,655 39,623,246 25,615,285 3,670,745 453,562 635,029 80,431 79,556.971 52,998,758 7,502,812 107,347 1.113.030 769,804 753,399 322 10,375 21,835,820 23,008,628 361,489 134,799 260,735 20,400 20,261 3,322,221 3,190,993 236,898 212,474 491,073 -9,886 18,500,668 20,763,055 -20,077 124,401 -79,857 447,992 167,858 19,367,632 23,827,039 178,484 2,184.424 2,235,365 480,000 1,928,524 -8,174 24 5,013 24 ii • Missouri & Nprth Arkansas Dec. 31- -Month of January- -Month of December--Jan. 1 to Dec. 311917. 1918. 1918. 1917. 1919. 1917. 1918. $ $ $ $ 59.413 50,283 1,607,371 174,184 118,237 855,841 .43861,918 33,566 42,091 442,478 506,429 55,419 40,471 455,648 109,609 1,404,131 1,417,968 94.914 238,987 166,753 2,226.649 17,781 62,290 402,589 50,133 314.959 27,808 242,709 17,401 37,317 303,225 31,044 20,742 278,613 231.447 1.479 3,209 24,926 7,497 5,669 60,140 46.675 46,482 71,422 621,891 91.659 91,330 755,385 541,308 90,386 1,420,770,1,122,309 178,502 187,907 1,452,320 149,530 19,222 -10,045''. ,, 295,65 50,780 17,223 -8',588 774,329 5,750 6,282 67,973 Aitz's 67,763 4,000 91,672 3,906 46,701 ▪ 13,302 -89,491 • 12,841 -89,5531w 225,962 682,005 13,83 -117,045 33,777 532.721 607 -94,536 217,179 199 199 365 365 Lehigh & New England Maine Central Missouri Kansas & Texas RR. Lehigh Valley Midland Valley Missouri Kans & Texas Ry of Tex -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January1919. 1918. 1917. 1918. 1919. 1917. 1918. 1918. 1919. 1917. 1918. 1918. $ $ $ $ $ $ $ 605,872 23,752,658 18,580,284 1,904,132 1,367,722 179,674 10,705,225 8,999,154 1.031,037 274,394 3,679,107 3,505,273 FseIght revenue 319,881 618,972 270,255 7,367,083 5,647,039 1,451 4.371.841 3,900,166 1,661 538,514 15,993 17,208 Parsenger revenue 951,781 33.230,334 25,990,720 2,623,357 2,042,840 192,217 16,415,178 14,125,576 1,416,415 307,127 Tot.,incl. other rev. 3.989.895 3,666,566 5,465,859 1,632.812 3,295,312 hi 2,741,844 202,672 244,715 674,349 38,091 44,863 312,028 409,841 Expenses-Maint.way 518,284 231,092 8,666,045 6,280,756 ,„, 703,334 347,192 54,603 3,618,917 2,073,107 58,502 614,503 557,314 757,988 Maint. of equipm't 324,070 425,137 10.161 10,948 20,695 136,515 151,575 2,552 35,824 2,036 34,267 57.862 Traffic expenses.. 11,641,737 7,937,238 922,140 666,134 1,078,508 109,824 9,087,909 6,416,923 116,357 836,445 Transportation exp_ 1,347,514 1,154,184 27,146,341 18,755,295 1,183,304 1,525,375 10,675,876 2,567,4164, 203,319 16,029,745 231,396 1,873,444 Total,incl. other_ 2,784.120 2,263,645 385,432 3,449,700 --108,959 --231,523 6,083,993 7,235,425 55,941 -6,102 75,731 169,39g 1,205.774 1,402,921 Net from rallroad.. 75,623 803,928 72,243 1,110,545 1,225,208 95,355 8,697 726,905 8,610 112,494 113,498 103,408 Taxes (less war taxes) 6.004,958 -184.583 4,969,005 -303,813 -39,524 -418,773 2,722,379 67.121 -14,799 56,55,1 1,102,365 1,289.423 Net after taxes 5,213,798 7.459.649 -312,618 127,767 2,729,313 17 -7977.)37 1,777 -595,894 127,080 70,160 1,178,658 '1,68,092 Net after rents 117,455 116,618 War taxes 1,216 1,216 1,714 236 1,744 224 Aver. miles of r'd oper. EARNINGS. EARNINGS. Freight revenue Passenger revenue.. Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses_.... Transportation exp_ Total.incl. other.. Net from railroad.. Taxes (less war taxes) Net after taxes Net after rents War taxes Aver. miles ofr'd oper. -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1919. 1917. 1918. 1919. 1917. 1918. 1918. 1918. 1919. 1918. a 1917. 1918. $ $ $ $ $ $ $ $ $ $ $ $ 213,641 170,331 11,319,047 9,808,257 993,961 840,636 53,921,165 44,271,690 4,217,228 2,534,056 2,642,574 2,188,647 76.961 725,267 53,604 7,051.123 5,189,686 568,714 616.193 324,235 390,275 537,440 6,234,935 4,894,989 304,452 237,500 19,240,330 16,300,155 h1,740,154 1,490,216 . 1.77.2 65,586,769 53,358,445 5,062,564 3,195,888 3,504.7792,97 59,989 42,531 3,697,490 2,806,034 314,055 581.771 626,897 567,808 551,269 243,201 7,818,030 5,353,466 64,519 32,473 3,676,381 2,286,856 594,383 398,969 393,219 993,052 233,743 17.004,250 9,999,609 1,450,188 1,437 245,356 2,514 339,948 19,901 25,828 35.899 71,154 27,055 31,776 654,981 1,013,394 132.558 104,752 10,085,003 7,264,561 1,030,847 921,342 779,657 30,523.763 24,141,699 2,612,025 2,330,047 1,298,175 270.329 192,860 18,693,165 13,410,410 1,850,499 , 1,357,069 57.346,025 41,826,165 4,786,015 4,019,462 7,727,77. 2,040,799 34,122 44,640 1,147,164 2,889,745 -110,345 Tiii 2/6,549 -823,574 882,488 886,32 8,246:M11,532,280 6,712 571,770 6,827 569,849 97.335 51,377 84,777 161,470 47,623 146,725 1,874,237 1.953.954 =77117 1777( 575,201 2,316,102 -162,422 797,469 788,379 -9857021 129,717' 85,430 9,515,995 82 67.1Ti4.. -1-800,094 618,739 ..-224,767 -136,31/ 147,198-1,016,979 50,888 --"TarTri6 =KM 6.683,313 9,688,471 1,793 67 172,671 387 "-Ho 1,796 1,446 1,436 1,796 ---57:76 MAR., 1919.] RAILWAY EARNINGS Missouri Oklahoma & Gulf New Orleans Great Northern 9 New York Central Sys (Cond.) -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of JanuaryIndiana Harbor Belt 1918. 1917. 1919. 1918. 1918. 1917. 1918. 1919. -Jan. 1 to Dec. 31- -Month of January1918. 1917. 1919. 1918. Freight revenue 1,403,705 1,480,439 '76,806 108,698 1,634,462 1,450,966 126,440 113,606 Passenger revenue_ 292,478 314,720 18,658 27,955 465,608 379,047 36,112 28.191 Tot.,incl. other rev. 1,780,546 1,906,916 101,088 142,832 2,197,315 1,916,217 148,129 5,591,235 5,121,878 176,213 605,845 211,994 Bxpenses-Maint.way 410,483 251,006 37,970 22,647 334,425 204,466 36,058 17.898 1,216.443 623,843 84,946 129,620 Maint. of equipm't.. 561,854 433,281 43,681 35,132 422,635 310,733 30,694 1,339,426 35,795 700,795 117.346 63,194 Traffic expenses_ 24,944 48,607 1,346 2,845 33,695 38,077 2,941 1,353 22,427 33,811 1,556 2,064 Transportation exp_ 938,480 871,437 75,496 88,311 607,410 809,050 73,087 59,850 3,659,004 2,650,771 345,661 223,774 Total,incl. other_ 2,047,800 1,693,817 166,175 157,458 1,693,878 1,244,807 119,009 6,397,711 4,131,520 152,535 564.154 429,535 Net from railroad_ __ _ -267,253 213,099 -65,086 -14,62d 503,436 671,410 29,119 -606,4/6 23,678 990,357 41.691 -217,541 Taxes (less war taxes) 102,486 55,173 8.500 9,000 109,483 86,95:3 8,163 10,225 122,123 99,991 10,104 8,987 156,945 -73,620 -23,667 -273,156 Net after taxes :393.587 583,630 13,384 20,931 -928,645 890,181 31,587 -226,528 Net after rents 470,167 9,979 -73,999 -41,457 409,420 669,10 9,051 22,414 -603,434 -551,646 19,622 -322,658 War taxes 6,217 116 109 Aver. miles of r'd oper. 332 332 284 284 116 116 Missouri Pacific N Orleans Texas & Mexico System Kanawha & Michigan -Jan. 1 to Dec. 31- -Month of January- ap.okNew Orleans Texas & Mexico -Jan. 1 to Dec. 31- -Month of JanuaryEARNINGS. 1919. 1917. 1918. 1918. -Jan. 1 to Dec. 31- -Month of January1918. 1917. 1919. 1918. $ $ $ $ 1918. PI 1917. 1919. 1918. $ 46 $ $ 63,486,624 Freight revenue ., 4,769,222 3,934,860 1,355,288 1,178,189 62,200 132.624 4,552,913 3,055,084 193,915 194,436 Passenger revenue 19,535,391 1,578,739 1,396,007 473,621 291,253 27.347 36,981 1,118,461 419,190 61,568 46.998 Tot., incl. other rev. 89,612,397 6,810,631 5,870,843 1,885,623 1,517,603 96,639 173,482 5,896,134 3,606,990 267,964 250,181 Expense.s--Maint.way 14,632,085 841,407 1,606,453 368,349 213,708 33,468 21,827 657,736 421.511 61,045 34,450 Maint. of equipm't_ 18,577,823 1,655,571 1,180,228 407,991 227,458 35.576 32,429 1,509,671 895,700 133,326 94,134 Traffic expenses_ _ _ 1,071,351 75,378 115,250 26,617 52,502 2,457 3,938 32,828 41,146 2,182 2,770 Transportation exp_ 36,522,013 3,318,983 2,697,842 613,600 416,354 53,044 55,572 1,876.388 1,092,139 149,377 99,726 6.889,019 5,001,176 1,497,139 Total,incl. other_ :r172-517737 985,047, 120.538 4,207,119 2,543,126 133,250 359,011 239,439 16,380.669 Net from railroad__ _ -78,387 869,666 388,484 532,566 -36,610 02,946 1,069,015 1,003,664 -91.046 10,741 Taxes (less war taxes) 3.144,290 280,000 269,580 100,588 77,535 10,000 1,925 227.9:33 211,376 17.885 17,353 Net after taxes 387 599,069 -360 413 Tr277 i287,506 454 50,710 1,461,081' 852,466 -108,931 -46,610 -6,611 Net after rents 171tritral -378,032 466,471 . 445,112 612,875 -44,993 61.8ö0 1,651,579 1,507,985 -97.919 8,038 War taxes 7,221 27,000 69,008 Aver. miles of r'd oper. 7,301 7.108 191 191 176 176 Monongahela Connecting Beaumont Sour Lake & Western Lake Erie & Western -Jan. 1 to Dec. 31- -Month of January- -Jan. lit° Dec. 31- -Month of January- -Jan. 1 to Dec. 31-Month of JanuaryEARNINGS. 1917. 1918. 1918. 1919. 1918. L1917. 1919. 1918. 1918. 1917. 1919. 1918. $ 3 $ $ $ $ Freight revenue 1,019,529 779,380 97,015 95,799 8,252,428 7,061,114 675,341 448,398 Passenger revenue_ _ _ 345,146 200,749 23,182 20,379 626,335 665,349 53,232 48,293 Tot.,incl, other rev. 2,473,763 2,010,969 213,514 -7317, - M 1,411,9731161,034,522 121,862 123,159 9,343,904 8,122,895 764,567 522,477 Expenses-Maint.way 340,306 19,360 36,444 362,064 217,63924 159,685 24,224 14,035 1,275,217 810,583 136.622 80.483 463,184 Maint. of equipm't_ 75,612 25,459 320,582 215,028 116,878 14,695 2A36,193 1,404,732 16,779 258,839 140,678 Traffic expenses 518 5,325 385 4,236 15,953 27,659 3,119 2.543 146,976 179,983 12,500 12,578 Transportation exp_ 1,329,172 982,562 79,660 132,102 464,827' 313,167 49,525 39.330 4,331,305 285,175 375,229 301.002 252,081 Total, incl. other_ 2,207 321 1,721,316 129 238 962,635 664,054 100,392 73,592 8,440,012 5,871,532 804,723 551,025 Net from railroad_ _ _ 266,441 289,65.3 -38,566 1,845 455,338 ..,,,,,370,461 21,469 49,561 - 903,892 2,251,363 -40,156 -28,548 38,898 30,322 Taxes (less war taxes) 2,215 2.131 32,901 27,760 2,700 2,025 340,065 397,052 25.000 25,000 227:7717 259,331 -40,781 Net after taxes_ .._ _ -285 422,384 342,489 18,744 '475737 562,339 1,853,776 -65,249; I 53,682 Net after rents 139,827 "- 158,398 -55,244 -20,985 244,761 157,602 13,366 33,185 379,653 1,478,130 -52,043 61,588 War taxes 1,840 3,000 Aver. miles of r'd oper. 5 5 118 118 900 900 Nashville Chattanooga & St Louis St Louis Brownsville & Mexico Michigan Central -Jan. 1 to Dec. 31- -Month of January- -Jan. lito]Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January-. EARNINGS. 1918. 1917. 1919. 1918. 1918. 1917 1919. 1918. 1918. 1917. 1919. 1918. $ $ $ $ 14,554,220 10,431,355 $ Freight revenue 933,494 779,903 2,933,099 2,301,302 209,232 45,949,560 33,898,246 4,210,511 2,136.327 292,251 5,978,978 3,558,399 Passenger revenue_ 446,610 314,719 1,191,951 1,249,805 87,108 89,722 15,901,584 12.859,299 1.365,138 896,170 Tot.,incl. other rev. 21,757,402 15,194,755 1,513.977 1,193,668 4,448,927 3,918,190 400,708 325,571 68,520,087 52,879.434 5,900,536 3,505,413 Expenses-Maint.way 2,592,940 1,564,530 306,884 115,160 685,225 586,169 74,382 44,324 7,705,079 5.389,670 809,643 539.761 Maint. of equipnft. 4,774,565 2,884,289 482,247 263,389 818,809 479,368 73,313 43.943 12,382,137 8,026,083 1,157,070 828,547 431,917 Traffic expenses_ 657,683 32,862 53,590 65,801111 126,623 8,433 10,020 738.990 865,238 65,036 67,137 762,190 Transportation exp., 9,281,724 5,873,946 621,986 1,304,595 1,098.132 121,708 105.261 28,214,018 22,211,260 2,388.712 2,005,838 Total,incl. other_ 17,623,564 11,550,031 1.638.146 1,097,535 3,029,666 261 296,539 215,133 51.070,072 38,289.136 4,596,123 3,608.427 4,133,838 3,644,723 -124,169 Net from rallroad.. 96,133 1,419,260 -75718.12. .1 104,169 110,438 17,460,014 14,590,297 1,304,413 -103,014 399.729 Taxes(less war taxes)_ 661,969 50,000 33,334 123.963 170,060 8,416 1,899,790 1,762,795 10,000 160,000 149,300 Net after taxes___ _ .3,752,570 Th,019,697 -174,310 62,130 -1T2947E6 1,347,751 94,169 301,995 15,542,761 12,814.096 1,143,960 .-253,347 4,119,127 3,063,278 -176,160 Net after rents 111,453 1,245,344779=9 13,606,479 82,793 99,804 8,886.386 993,562 444,621 79,992 War taxes 36,666 1,861 209,441 Aver. miles of r'd oper. 1,247 1,236 548 548 1,861 1,861 Nevada Northern New York Central System Pittsburgh & Lake Erie' -Jan. I to Dec. 31-'-Month of JanuaryNew York Central RR -Jan. 1 to Dec. 31- -Month of January-.-. 1917. 1919. EARNINGS. 1918. 1918. -Jan. 1 to Dec. 31- -Month of January1918. 1917. 1919. 1918. $ $ 1918. 1917. , 1919. 1918. $ $ $ 2,458,519 2,264,821 $ Freight revenue 163,288 206,753 190113757 14819284216,018,485 9,605.720 28,513,512 21,139,925 181,473 186,588 Passenger revenue_ _ _ 14,054 15,406 88,380.429 57,432,037 6,006,312 4,152,916 2,287,179 2,349,133 2,320,437 1.476,415 205,533 177.759 2,706,331 2,512,402 Tot., incl, other rev. 182,836 227.133 294691313 238829799 24.821,605 16,246.806 32.992,272 25,621,654 1,810,292 Expenses-Maint.way 284,133 247,070 17,565 17,782 34,094,030 22,727,101 3,348,916 2,281.958 4,374,227 2,893,048 2,792.840 414.530 329,305 265,822 312,823 Maint. of equipml. 26.151 22,557 61,695,183 41,182,622 4,982,111 4,322,258 7,038,496 4,795,678 676,184 10,743 9,917 440,459 Traffic expenses.,.,., 1,029 831 2,843,631 3,168,967 230,571 197,999 187,253 194,454 11,895 475,321 649,171 14,609 Transportation exp.. 50,451 53,795 123108567 94,632,907 11,040,805 8.734.623 10,217,617 8,254,963 902,557 785,622 Total,incl. other_ 1,343,756 1,067,865 100,387 100,236 232403704 170542128 20,536 171 16,361,204 22,365.184 16,652,502 2,049,559 1.599,645 Net from railroad___ _ .1172773 1,444,537 82,448 126,89't 62,287,608 68,287,67 4,285,434 -114,397 10,627,088 8,969,151 743,280 206,442 122,649 Taxes (loss war taxes) 210,647 18,320 10,404 11,964,360 11,611.144 1,021,947 896,971 884,277 1,334,963 75,500 73,900 156 522 1,3/17887 Not after taxes_ __ 64,128 116,492 50,299,059 56,652,082 3,263,314 1,012,921 9,742.766 7,634,163 667,780 136,746 1,106,659"it= Net after rents 60,588 110,259 48,291,878 54,451,336 3-,195,17; =r.tr52 i 0,839,554 7,435,472 699,169 7,029 1,025 War taxes 111,773 161,118 012,364 484,800 Aver. miles of r'd oper. 168 168 6,075 6,079 224 224 Newburgh & South Shore Cincinnati Northern Toledo & Ohio Central -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31-Month of January -Jan. 1 to Dec. 31- -Month of January1918. 1917. EARNINGS. 1919. 1918. 1918. 1917. 1919. 1918. 1918. 1917. 1919. $ • $ 1918. $ $ $ Freight revenue 2,519,089 2,180,593 211,936 122,963 8,696,366 6,868,765 746 502.414 5.280 Passenger revenue_371,422 250 189,321 181,593 16,756 12.649 740.252 691,118 68,759 61,305 Tot.,incl. other rev. 1,453,756 1,143,320 129.674 47,371 2,812,979 2,440,829 233,556 10,026,557 140,042 8,088,541 199,633 Expenses--Maint.way 120,724 600.981 463,462 16,318 6,838 478,904 322,606 43.968 29,240 1,550,451 1,035,569 250,240 146,104 243,521, Maint. of equipm't. 88,626 30,095 22.792 768,544 428,765 62,066 50,197 2,495,011 1,468,679 242.866 Traffic expenses 159,844 35,777 42,449 2,187 2,935 79,055 99,451 657,939 5,712 592,962 Transportation exp_ 6,772 70,541 40.025 1,056,763 938,924 80,363 74.198 4,567,578 3,356.445 303,151 323,350 Total, incl. other.. 1,144,075 1,032,391 120,530 73,520 7,342,937 1,767,202 t93,648160,036 8,914,123 6.114,504 • 715,763 590,853 309,681 110,928 Net from railroad 9,144 -26,148 .176767 673,627 39,907 ""-19,993 1,112,434 1,974,236 -114,781 -127,391 98,307 69,970 Taxes (less war taxes) 7,299 4,021 129,870 94,648 8,000 360.110 7,566 371,826 32,292 30,000 211,373 40,958 Net after taxes.,.,.,., 1,844 -30,170 1"477/7 578,933 31,845.-27,563 752,295 1,602,323 -147,074 -157,395 215,626 37,248 Net after rents -2,344 -34,780 =7` 5,(..)71 = 390,681 26,012 -35,401 738,469 1,534,243 -176,708 -157,164 14,775 War taxes Aver. miles of r'd oper. 7 7 251 245 435 435 New Orleans & North Eastern Cleve Cin Chic & St L (Inc Peoria & East) New York Chicago & St -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. Louis 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1918. 1917. EARNINGS. 1919. 1918. 1918. 1917. 1919. 1918. 1918. 1917. $ 1919. $ 1918. $ $ $ $ $ $ $ $ 4,292,392 3,537,502 Freight revenue $ $ 341,253 294,156 49,934,632 36,077,389 3,726,130 2,355,236 20,123.796 14,731,020 1.869,518 980,752 Passenger revenue.,.,.. 1,491.581 868,683 104,286 109,341 15,759,127 12,009,346 1,276,307 1,831,290 1.408,248 845.988 128,956 70,746 Tot.,incl. other rev. 6,474,717 4,969,264 505,693 457,215 71,403,970 52,650,920 5,347,881 3.533,021 22,656,381 16,901.205 Expenses-Maint.way 716,836 483,991 2,069,363 987,810 35,943 45,616 7,298,040 4,378,438 777.782 435,009 2,615,657 1,379,714 260,317 858,591 Maint. of equipm't_ 1,457,821 191,285 115,622 93,010 13,894,336 9,808,417 1,263,865 806.172 4,172,819 2,707,764 92,429 427,165 123,492 Traffic expenses_ 256,733 6,547 9,328 882,576 1,042,725 74,494 75,690 368,547 560,844 28,357 Transportation exp. 2,749,654 1,691,654 42,881 251,057 198,515 28,729,454 21,459,558 2,346,117 2,015,159 9,374,020 8,153,811 887,825 697,050 Total, incl. other_ 5,192,415 3,339,504. 428,770 359,498 51,895 288 38 059 421 4 608 369 3 460 039 17,489,757 13,281,308 me.minnm 1,663,456 • 1,231,319 1,282,302 1,629,759 Net from railroad.,,. 76,923 77716 19,508,681 14,691,499 739,511 82,981 5,166,624 3,619,896 405,906 --243,509 309,590 329,198 Taxes (less war taxes) 28,357 27,667 3,538,917 2,144,867 185,000 647,530 172,446 607,911 55,000 60,000 ----4727101 1,299,331Net after taxes 477575--1317671 17,1-67675 72,436,9g 553,402 ".-89.854 4.518,937 3,011,758 350,902 --303,509 975,439 1,432,110 Net after rents :317757 62,126 14,688,938 10,536,474 485,518 In. -230,6{1 3,834,511 2,117,959 297,669 --396,440 87.795 War taxes Aver. miles of r'd oper. 203 203 2,395 2,386 (See also on page 14) 572 571 EARNINGS. 10 RAILWAY EARNINGS New York New Haven & Hartford Northern Pacific System [VOL. 108. Pennsylvania Sys (Concluded) Monongahela . Northern Pacific -Jan. 1 to Dec. 31- -Month of January1918. -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of JanuaryEARNINGS. 1918. 1917. 1919. 1918. 1917. 1919. 1918. 1918. 1917. 1919. 1918. $ • Freight revenue 50,721,287 40,395,998 3,456,429 2,487,320 78,534,343 65,258,994 6,104,208 4,418,288 2,869,964 1,920,133 278,170 138,113 16,353 20,118 Passenger revenue 39,379,916 34,427,801 3,279,601 2,606,245 17,146,143 15,646,778 1,456.701 1,185,649 241,825 182,024 Tot..incl. other rev. 102294,211 85,784,892 7,336,773 5,989,364 102908,259 88,225,726 7,934,352 6,164,830 3,208,757 2,152,835 305,361 158,170 84,473 57,085 Expenses-Maint.way 13,525,533 9,019,344 999,529 804,717 14,226,882 40,782,178 960,947 792,366 740,998 425,726 28,536 Maint. of equipm't_ 20,913,412 12,191,351 1,935,427 1,182,399 16,716,958 11,245,120 1,365,231 1,034,903 338,242 228,335 15,607 13,007 732 11,773 829 Traffic expenses...._ 475,231 522,287 71,421 90,321 36,318 35,698 779,682 1,233,123 78,606 Transportation exp_ 48,020,080 36,380,373 4,254,268 3,411,118 37,501,967 28,531,412 3,275,599 2.808,820 1,114,265 642,774 109,156 Total,inc]. other_ 87.746,523 61,970,059 7,649,367 5.782.857 71,516,302 53,297,861 5.965,100 4,918,749 2.271,115 1,359,086 230,147 156,512 75,213 1,658 Net from rallroad.._ _ _ 14,547,688 23,814,833 -312,593 206,507 31,391,957 34,92178---65 1,969,252 1,246,080 `' 937,641. 793,749 37,628 5,000 3,750 Taxes (less war taxes) 3,216,375 3,336,980 266,000 266,000 6,499,718 6,022,302 524,231 441,688 . 62,991 70,212 -2,091 Net after taxes.._ 11,315,322 20,47r,80 -583,226 -60,043 24,886,628 788-96,424 1,44-4- 111 803,449 874,641 755,920 69,047 1-•-42,05Z Net after rents 7,534,334 15,351,474 -846,828 '-403,288 28,209,373 3M-79,565 1,570,508 1,073,736 648,0-12 371,431 War taxes 1,961,360 : 108 108 6,566 6,600 1,992 Aver miles of r'd oper 1,965 New York Philadelphia & Norfolk Minnesota & International New York Ontario & Western -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of JanuaryEARNINGS. 1918. 1917. 1919. 1918. 1918. 1917. 1919. 1917. 1919. 1918. 1918. 1918. $ $ $ $ $ $ $ $ $ $ $ $ 53,152 5,748,928 4,262,395 448,452 244,136 Freight revenue 47,907 523,688 700,842 5,976,308 533,449 650,255 7,140,143 _ 21,309 1,278,998 803,985 119,134 63,348 Passenger revenue__ 2,169,483 1,741,046 126,427 24,681 69,501 282,676 261.688 81,971 7,632,494 5,544,624 615,810 343,828 Tot.,incl. other rev. 76,836 9,164,878 793,522 684,203 992,093 1,029,959 Expenses-Maint.way 10,895,005 6,867 714,914 490,627 52,546 40,899 14,455 80,176 203,885 145,068 1,557,482 1,013,042 117,336 Maint. of equipm't_ 2,763,995 1,524,323 255,230 163,412 203,788 144,401 13,347 1,774,649 1,063,463 129,820 80,047 14,854 Traffic expenses_ _ _ 102,125 113,189 578 115,510 9,189 62,655 8,697 7,929 504 6,647 6,148 5,758 Transportation exp_ 5.300,294 3,729,855 '429,278 392,767 509.407 400,763 48,583 3,361,923 2,304,366 263,819 212,181 45,348 72,978 6,283,432 4,132,288 485,717 364,901 Total,incl. other_ 9,974,523 6,620,579 837,853 665,821 962.898 733,997 79.137 8,992 1,349,061 1,412,336 130,092 -21,07:1 18,381 Net from railroad...._ _ 920,481 2,544,299 -44.331 29,195 295,961 -2,300 4,054 256,024, 169,130 3,822 17,020 Taxes (less war taxes) 297,124 316,178 ' 20,779 56,133 21,335 24,700 53,507 -1776=2' 1.242,714 113,072 --42,408 4.937. Net after taxes...._ _ 621,907 2,227,676 -69,031 -2,397 -24,392 239,791 --6,124 rents 9/2,603 1,119,549 108,683 -51,80 Net after 1,849 -07,885 160,728 -4,501 548,582 2,262,250 -76,521 105,605 118,835 War taxes 4,828 121 194 Aver. miles of r'd oper. (See also on page 14) 195 567 121 567 West Jersey & Seashore New York Susquehanna & West Pennsylvania Sys-Eastern Lines -Jan. I to Dec. 31- -Month of JanuaryPennsylvania Railroad -Jan. 1 to Dec. 31- -Month of JanuaryEARNINGS. 1917. 1918. 1 -Jan. 1 to Dec. 31- -Month of January- 1918. 1919. 1919. 1918. 1917. 1918. 1918. 1919. 1917. $ $ 1918. $ $• $ Freight revenue 243,003 183,806, 239484.058 194455,316 19,708,656 11,805,383 3,437,048 2,730,912 299,000 152,669 2,525,629 3,310.482 Passenger revenue 41,018 95,325,077 67.387,664 7,926,649 5,587,682 6,465,047 5,116,017 367,356 267,617 50,881 624,062 597,840 Tot.,incl. other rev. 3,478,992 333,066 251,013, 367414,694 290234,093 30,477,482 19,657,449 10,599,543 8,555,047 735,887 459,307 Expenses-Maint.way 4,353,419 30,461 34,085, 51,683,997 33,508,588 3,824,020 3,473,283 2,511,140 1,496,110 220,906 159,191 414,709 313,720 Maint. of equipm't_ 727,073 423,361 41,826 40,986. 99,145,128 58,790,209 9,098,129 5,458,374 1,920,825 1,315,978 193,254 102,469 Traffic expenses_ _ _ 91,904 136,986 2,440 2,922,867 3,237,437 230,289 291,591 24,519 27,140 1,233 7,014 9,162 Transportation exp_ 2,537,991 1,917,443 213,303 188,559 166437,062118816,256 15,487,534 11.253,224 5,284,563 3,786,946 480,035 323,755 Total,incl. other.. 3,794,069 2,749,866 294,197 272,507 333624,523225649,256 29,910,327 21,482,139 10,105.859 7.002,130 926,064 617,408 38,868 -21,494 33,70,171 64,584,836 567,155-1,824,690 493,683 41,552,917 -190,176 -158.100 Net from railroad__ _ _ 559,350 729,121 12,746 10,611,131 9,946,977 856,501 887,668 483,374" 485,499 12,746 40,062 Taxes (less war taxes) 175,344 172,001 40,281 7,150 1,067,120 --230,433 -200,431 26,108 -34,240 23,149.177 54,596,230 -289,971-2,714,070 Net after taxes_ _ _ _ 3118,886 556,50(1 21,853 -37,860 17,929.568 49,561.325 -485,642-3,190,700 --168,966 862,798 -242,149 -215,464 Net after rants 419,031 574,738 26,318 67,537 3,211,584 1,978,872 War taxes 5.336 5,359 135 135 Aver. miles of r'd oper. 359 359 Baltimore Chesapeake & Atlantic Norfolk & Western Pennsylvania Sys-Western Lines -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January--Jan. Pennsylvania Company 1 to.Dec. 31- -Month of January1918. EARNINGS 1919. 1919. 1917. 1917. 1918. 1918. 1918. 1918. 1917. $ $ $ 1919. $ $ 3 . $ $ 1918. 7,199 70,628,884 56,199,622 5,273,006 60,056 Freight revenue 3,874,053 800,017 4,989,617 903,772 68,752,260 56,381,035 2,192 15,931,994 13,792,898 1,477,754 2,628,894 28,150 Passenger revenue.._ _ 10,737,599 7,023,153 775,143 694,241 478.405 414,305 942,455 9,547 95,530,322 88,076 Tot.,Incl. other rev. 82,004,034 65,910,242 6,100.013 4,787.903 1,436,439 1,281,364 7,472,886 4,156,899 Expenses-Maint.way 4.983 14,989,936 78,595,298 8,677 588,842 132,551 84,581 857,784 9,960,415 1,208,488 6,176,369 9,524,728 957,469 14,433 13,107 25,170,159 14,751,751 2,358,844 1,310,430 Maint. of equipm't_ 12,051,912 1,845,119 1,295,366 407,107 329,033 2,112 959,991 1,099,815 986 Traffic expenses_ 21,272,931 16,157 33,153 13,862 65,301 536,709 809,723 90,039 60,267 32,715 Transportation exp_ 28,739,290 20.808,290 2,420,687 2,078,052 60,271 42,732,560 34,474,709 3,943,293 2,891,968 878.009 711,107 55,747 86,550,256 62,747,899 7,80:1,452 5,466,062 Total. Incl. other.. 61,579,297 41,161 503 5.247,770 4,150,220 1,428,934 1,173,326 87,941 135 --46,200 t==)(3.5,15,847,398 -330,5661j-1,309,164 Net from railroad_ __ _ 20,424,736 24.748,738 852,243 637,02 7,505 105.037 3,160 2,349 3,480,625 :3,600,024 287,395 284,949 28,199 Taxes (less war taxes)_ 2,904,000 2,960,560 260,000 242,000 37,927 79,837 --3,024 -48.550 5,498,651 12,242,316 -618,167--1,594,140 Net after taxes__ _ _ 17,510,838 21,786,256 592,185 395,509 -30,422 77,415 -1,701 -49,668 4,284,827 10,710,556 -686,816-1,819,356 Net after rents 187256,481 24,062,444 639,856 444,894 --21,322 352,522 War taxes 354,078 1,716,000 2,134,440 87 87 , 2,085 Aver. miles of r'd oper. 2,087 , 1,754 1,754 Valley Cumberland Grand Rapids & Indiana Norfolk Southern of January--Jan. 1 to Dec. 31- -Month of January-Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month 1.919. 1918. EARNINGS. '1917. 1917. 1918. 1918. 1919. 1919. 1918. 1917. 1918. 1918. $ $ $ $ $ $ $ $ $ $ $ $ Freight revenue 318,513 220,550 4,801,724 3,895,422 397,774 220,930 4,805,660 4,198,382 335,762 225,661 3,709.597 3,877,124 54,539 1,798,798 1,711,195 133,145 104,271 63,317 Passenger revenue...._ 1,521,377 1,260,772 129,674 87,539 749,151 717,532 Tot.,incl. other rev. 5,299,913 481,422 336,645 5,917,543 4,838,904 481,047 302,042 7,207,726 6,491,358 514,778 368,564 Expenses-Maint.way 5,763,643 30.871 937,963 676,378 67,524 59,973 567,875 313,088 99,602 96,935 1,067,871 636,726 82,925 96,600 45,058 1,790,489 1,170,180 152,538 60,712 900,600 459,529 Maint. of equipm't. 1,313,195 773,842 114,776 93,166 6,581 4,125 118,804 123,834 Traffic expenses...... 54,959 6,548 '65,135 7,917 10,407 97,496 10,424 81,278 Transportation exp_ 2,569,551 1,934,531 260,236 178,279 2,029,130 1,580,051 215,034 142,221 3,763,025 2,896,922 298,884 221,261 Total,incl. other_ 5,273,561 3,680,368 502,785 325.143 3,710.505 2,541,842 397,984 234,061 6,474,944 5,116,260 585,767 427,474 67,981 -TEM- 1,375,08 --70,988 -58,910 11,501 2,207,037 777717)61' 83,063 Net from railroad__ _ 480,082 1,619,545 -21.862 9,720 273,273 264,986 9,613 15,800 116.521 159,029 20,000 24,797 Taxes (less war taxes) 193,941 195,120 22,946 58,26T "458,671) 1.109,008 n-1=79-5701' -81,874 73,374 Net after taxes ___ _ 285,949 1,423,466 -41,376 -4,309 2,089,872 2.138,009 37,076 ° 247,580 • 926,110 -110,091 --102,31g 3 ,644 Net after rents -7,-898 -42-T3-01 -11,902 1,846.859 1,898,291 289,942 .-1.;3-21 8,277 War taxes 2,088 907 163 163 907 Aver. miles of r'd oper. 569 569 Long Island Pittsburgh Cincinnati Chicago & St Louis Northern Alabama -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31-- -Month of January--Jan. 1 to Dec. 31- -Month of January1918. EARNINGS. 1919. 1918. 1919. 1917. 1917. 1917. 1918. 1918. 1918. 1919. 1918. $ $ $ $ $ $ $ $ $ $ $ $ 95,804 65,226 5,713,724 4,623,578 432,384 317,629 59,316,445 Freight revenue 51,423,798 4,874,507 2,668,634 11,782 14,246,015 10,652.091 915,404 668,210 19,024,168 14,053,620 1,760,128 1,095,719 Passenger revenue_ 12,573 Tot.,incl. other rev. 111,655 79,087 22,213,444 17,286,178 1,499,582 1,124,465 87,224,887 73,507,627 7,377,273 4,479,031 9,134 2,894,842 1,757,343 264,150 176,116 11,111,714 8,160,800 903,585 823,668 27,361 Expenses--Maint.waY 5,914 3,173,825 2,101,484 295,403 183,354 25,483,309 14,900,162 2,315,586 1,412,331 Maint. of equipm't_ 4,129 9,795 1,471 134,772 149,798 Traffic expenses 10,126 1,053,740 1,270,503 1,144 84,278 94,055 Transportation exp_ 89,051 39,633 9,845,751 7,412,158 967.570 685,191 38,777,075 29,708,707 3,610,475 2.684,127' 57,730 16,717.483 11,960,534 1,597,782 1,104,372 79,131,535 56,361,948 7,126,207 5,2(18,174 123,589 Total, incl. other_ 21,356 5,490,960 5,325,643 -98,200 --11,933 ,83 8,093,362 17,145,679 26Net from railroad__ _ _ 251,065 --729,143 3,819 1.069,859 938,676 103,052 75,972 2,879,068 2,874,967 3.400 Taxes (less war taxes) 233,119 229,161 17,537 4,422.787 4,385,424 -201,447 -57,008 5,211,210 14,269,118 --15,333 Net after taxes...... _ 117770 "--=LW7rg 3,597 3,884,966 3,37/3,380 -226,669 -126,811 ° 2,9773,776 11,588,084 --girm=1777,7138 --26,134 Net after rents 24,982 War taxes 295,882 372,170 41,046 112 Aver. miles of r'd oper. 112 398 398 2,387 2,398 Northwestern Pacific EARNINGS. Freight revenue Passenger revenue.._ _ Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't. Traffic expenses Transportation exp_ Total, incl. other _ Net from railroad_ _ Taxes (less war taxes) Net after taxes.._ Net after rents War taxes Aver. miles of r'd oper. Maryland Delaware & Virginia Toledo Peoria & Western -Jan. 1 to Dec. 31-- -Month of January--Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1917. 1919. 1918. 1918. 1917. 191.8. 1919. 1917. 1918. 1919. 1918. 1918. $ $ $ 3 $ 3 768,110 57,355 3,033,299 2,375,184 226,662 187,289 685,693 626,000 107,324 7,375 1,0A,145 57,703 24,946 2,110,871 1,963,325 125,552 124,880 386,293 343.656 1,102 463,531 423,085 47,534 30.561 5,702,397 4,871,594 383,404 347,383 1,101,323 1,011,519 83,468 161,732 9,331 1,645,592 1,289,432 93,589 72,438 881,547 672,012 106,019 215,526 96,854 71,614 8,354 299,397 27,175 3,890 17,739 65.302 682,551 557,485 44,687 291,894 227,761 34,722 11,118 7,872 361,745 478,232 34,767 5,228 64,075 4,328 11,635 524 12,353 58,706 28,261 2,785 30,162 2,166 1,953 61,783 2,201,299 1,686,190 204.832 138,820 719.087 607,083 796,368 522,514 27,472 65,171 51.995 3,973,767 3,113,695 396,071 271.762 1.141,760 939.338 83,703 43,473 1,668,113 1,184.774 132,589 110,870 1,728,629 1,757,899 -12,666 75,621 --40,437 72,180 -22,520 104,658 .....' 29,143 =17706 --34,141 263,476 238,663 22.069 20,946 19.796 1,733 118,987 107,003 8,500 12.814 1,067 8,500 54,671 --60Z34 1,465,119 1,519,083 -34,735 -2,344 .=m7207473' -25,790 59.353 - 1.967 --35.208 -141,008 1,49008 1,537,428 --32,g17 -4,916 -35,622 -10,055 48,991 56,176 -78,625 208,030 •°=.--2374 -5,5bti 7,603 10,000 21 507 507 82 82 (See also on page 14) 247 247 MAR., 1919.] RAILWAY EARNINGS Peoria & Pekin Union • -Jan. 1 to 1918. 3 283,587 73,451 1,306,394 177,290 315,824 623 973,587 1,514.841 -208,446 113,769 --322,216 -105,314 230 Dec. 31- -Month of 1917. 1919. $ $ 173,719 34,582 68,205 6,506 104,721 1,206,718 128,013 17,111 180,863 36,383 654 890 ' 725,306 86,858 1,073,650 147,990 133,067 -43.269 9,500 101,500 31,556 --52,769 232,887 -35,151 Quincy Omaha & Kansas Mt, January- -Jan. 1 to Dec. 31- -Month of 1918. 1918. 1917. 1919. $ $ $ $ 18,264 743,913 565,861 60,564 5,013 243,288 231,400 24,347 80,274 1,057,825 871,889 84,483 423,223 218,308 . 11,508 21,332 248,961 17,641 142,916 24,447 9,319 15,061 167 619,174 70,635 407,848 55,628 103,057 1.322,723 807,954 102,515 -22,783 --264,895 63,934 --18,032 9,500 34,453 36,419 3,003 --32.283 --299,395 27.441 --21,064 --13,749 --347,574 --6,409 --24,501 11 Eft Louis Southwestern System St Louis Southwestern January-Jan. 1 to Dec. 31- -Month of January1918. 1918. 1917. 1919. 1918. $ Freight revenue 50,999 10,030,629 8,964.416 798,417 694.551 Passenger revenue_ 16,413 2,449,685 1.956,824 170,382 170,714 Tot.,incl, other rev. 73,323 13,035,152 11,468027 999,276 903,075 Expenses--Maint.way 17,368 1,699,967 1,003,859 217,726 101,068 Maint. of equipm't_ 16,776 2,695.968 1,707,926 209.178 163,512 Traffic expenses_ 1,140 254,046 385,012 14,627 31,842 Transportation sap_ 51,744 3,815,729 2,739,508 325.932 275.271 Total. Incl. other_ 89,089 8,890,788 6,193,968 818,287 605,608 Net from railroad --15,766 4,144.364 5,274,759 180,989 297,466 Taxes (less war taxes) 519,409 2,835 503,717 37,140 32,708 Net after taxes 143.238 --18,601 3.623,198 4,770,310 264,570 Net after rents --22,815 3,672,695 5,161,199 137,729 280,131 War taxes 43,745 202,888 Aver. miles of r'd oper. 19 19 255 968 256 968 Pere Marquette Richmond-Washington System • St Louis Southwestern Ry of Texas Richmond Dec. Fredericksburg & Potomac -Month of December--Jan. 1 to Dec. 3131- -Month of January-Jan. 1 to EARNINGS. -Jan. 1 to Dec. 31- -Month of January1917. 1919. 1918. 1918. 1918. 1917. 1918. 1917. 1918. 1917. 1919. $ $ $ $ $ 1918. $ $ $ revenue Freight 22,200,348 16,850,265 1,940,479 854,038 2,936,796 2,422,334 324,457 339.790 140,367 456,431 4,335,225 4,098,558 Passenger revenue 377,042 227,344 3,563,012 2,132,054 4,233,796 4,213,803 387,025 138,531 219,813 150,340 1,786.182 1.327,665 Tot., incl. other rev. 28.955,011 23,507,855 2,473,433 1,262,025 7,164,371 5,249,406 516,043 760,370 640,827 6,553,608 5,840,929 412,349 Expenses-Maint.way 3,790,387 2,425,688 370,435 338,706 356,591 282,636 197,126 45.520 22,846 1,526.407 22,014 773,869 Maint. of equipnet.. 6,143,894 3,894,689 515,752 315,424 812,796 557,206 231,719 79,860 91.120 1.993,010 1,207,533 52,829 Traffic expenses_344,772 442,858 20,753 50,488 45,970 29,725 8,084 3,746 15,709 3,851 122,159 179.407 Transportation exp.. 12,233,618 9,925,781 1,185,459 819,429 2,411,831 1,746,657 252,783 220.731 238,286 3,027,609 2,291,835 161,813 Total, incl. other_ 23,315,551 17,381,445 2,145,030 1,512,983 3,824,211 2,863.814 718,573 365,978 390,698 6,949,826 4,702,891 249,547 Net from railroad. 5,639,460 6,126,409 328,402 -250,957 3,340,160 2,385,592 394,391 162,802 -202.529 250,128 -369,218 1,138,037 Taxes (less war taxes) 697,135 563,224 164,049 49,678 49,941 159,300 35,834 15,299 62,554 250.652 12,650 368.490 Net after taxes 4,940,822 5,559,600 278,618 -300,935 3,175,562 2,226,131 -238,414 379,086 187.550 -647,461 --7777 150,146 Net after rents 3,814,051 3,630 -172' 215,104 397,846 3,016,827 1,967,041 389,346 151,497 --O7485 207,936 7=174717 1,294,785 War taxes 352 3,770 13,765 ' 71,027 810 Aver. miles of r'd oper. 2.232 2,245 814 810 87 87 Washington Southern Philadelphia & Reading St. Louis Transfer -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of JanuaryEARNINGS. 1918. 1918. 1917. 1919. 1917. 1918. 1918. 1919. 1917. 1918. 1919. 1918. $ $ $ $ $ $ $ $ $ Freight revenue 66,755,087 54,755,078 4,584,994 3,511,983 1,112,206 804,303 153,513 53,517 Passenger revenue 8,683,464 7,822,326 914,035 601.178 2,313.790 1.322,845 240,077 128.119 Tot,incl. other rev. 80,769,563 66,831,398 5,950,980 4,498,571 4,027,034 2,763,406 446,805 901,107 230,414 1,080,329 99,622 70,128 Expenses-MaInt.way 7,316,702 .4,295,826 1 604,486 270,848 462,935 164,700 123,593 31,040 15,467 59,280 8.805 6,570 Maint. of equipml. 19,354,094 12,323,200 1,579,287 1,104,899 401,515 256,285 129,713 33,051 23,003 55,307 21.096 4,920 Traffic expenses.. 41,281 495,762 21,273 583,517 31,930 17,633 2,627 2,933 2,652 1,482 252 230 Transportation exp_ 37,144,651 28,245,556 3,485,933 2,758,942 293,815 846,041 621,666 125,586 494,970 81,617 46,375 50,263 Total, incl. other_ 65,889,371 46,699,283 5,860,469 4,490,796 2,074,092 1,362,022 907,163 199,391 642,205 125,502 78,751 64,220 Net from railroad 14,880,191 20,1a2,115 90,511 7,775 1,952,642 1,401.384 247,413 104,911 "." 17=3 258,902 20.871 5,907 Taxes (less war taxes) 1,718,737 1,795.066 143,228 76,744 137,752 74,065 1,417 7,136 5,638 5,485 100 800 Net after taxes 13,161,126 18,333,302 --52,717 --129,984 1,876,111 1,327,292, 99,395 171;744 240,277 257,262 20.771 5,104 Net after rents 8.84770 13,777,017 -357,643 -556,734 1,721,554 1,106,141 78,958 242,547 93,263 147,360 14,787 -2,598 War taxes Aver. miles of r'd oper. 1,127 1,126 35 35 6 6 EARNINGS. Pittsburgh & Shawmut Rutland San Antonio & Aransas Pass -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January--Jan. 1 to 1918. 1917. 1918. 1919. 1917. 1918. 1918. 1919. 1918. $ $ $ $ $ Freight revenue 1,280,637 1.087,513 113,962 96,223 2,623,259 2,388,554 175,579 179,372 2,847,667 Passenger revenue 47,367 45,485 4,837 94,783 3,727 1,167,126 1,281,564 84,217 1,214,504 Tot.. incl, other rev. 1,343,607 1,150,805 120,546 327,564 100,850 4,540,589 4,325,368 309,969 4,370,334 Exponses--Maint.way 347,787 774,427 222,202 29,209 499,895 72,491 18,871 757,020 34,604 Maint. of equipuft_ 377,612 274,035 698,822 41,168 23,632 1,073,536 102,334 72,965 1,272,604 Traffic expenses 120,475 13,266 13,074 2,320 123,593 1,162 76,143 7.092 ' 7,771 Transportation exp_ 525,898 349,925 44,940 36,816 2,292,466 1,837,627 174,930 180.183 2,105,524 Total,Ind. other_ 1,302,784 900.130 120,932 83,515 4,387.180 3,275 722 367,415 304,952 4,410.379 Net from railroad.. 46,A21-156701 -386 153,408'1,04&646' --39.851 17,3ati 5,016 -39,995 Taxes (less war taxes). 14,589 13.397 974 221,856 251,862 1,154 17,578 181,554 18,063 Net after taxes 28,233 237,287 --1,360 797,624 -57,441 --13,046 -223,276 16,179 --68,489 after rents Net 130,256 628,005 35,559 --1,803 36,168 976,501 48,550 3,267 --129,475 War taxes 4,514 1,791 3,950 Aver. miles of r'd oper. 103 99 415 415 EARNINGS. Pittsburgh & West Virginia St Louis & San Francisco System Dec. 31- -Month of January1917. 1919. 1918. $ $ $ 2,852,218 242,118 256,082 1,023,733 86,918 88,643 4,178,191 349,572 378,505 709,237 97,617 48,999 658.989 102,782 58,375 86.900 6,967 7.232 1,901,094 191,333 175.579 3,517,594 419,806 305,887 660.596 -70.223 72.617 194,947 15,000 15,000 464,403 -85,223 57,231 610,421 --85,802 58,226 • 732 732 Seaboard Air Line -Jan. 1 to Dec. 31- -Month of JanuarySt Louis-San Francisco -Jan. 1 to Dec. 31- -Month of January-Jan. 1 to Dec. 31- -Month of January1918. 1917. 1919. 1918. 1918. 1917. 1919. 1918. 1918. $ $ $ 1917. 1919. 1918. $ $ $ $ $ 1,534,744 1,351,167 99,397 Freight revenue 112,950 45,312,606 38,017,333 3,911,546 2,648,862 22,338,218 19,674,328 2,150,905 1,508,909 112,398 119,529 10,650 Passenger revenue.... 8,220 20,358,980 15,503,984 1,629,945 1,398,229 13,175.582 7,777,068 907.875 760,691 1,800,146 1,588,786 122,254 Tot., incl. other rev 133,147 169.812,604 57,434,624 5,803,741 4.409,517 38,923,106 'W),-37 15.146 3,340,297 2,529,136 513,720 150,590 Expenses--Maint.way 52,153 18,145 10,198,035 6,418.159 1.117.973 822.084 5.186,136 3,215,505 505,322 266,365 503,125 234,491 56,072 38,330 15,790,755 9,459,493 1,376,724 1,034,242 9,108,666 5,105,472 Maint. of equiptn't_ 718,982 490,220 14,998 23,626 884 786,173 Traffic expenses 38,118 1,231 I 566,284 57,219 764,236 931,258 56,803 72.510 717,424 521,860 26.917,040 55,885 19,489,508 2,556,122 1,941,335 16,986,924 11,347,769 1,613,616 1,194,196 Transportation ex1)48,209 178,383 Total, incl. other_ 1,932,494 1,043,134 124,204 55,251,965 37,474,557 5,237,404 3,695,070 33.346.792 21.717,177 3,017,387 .2,122,725 545,651 --56,128 Net from railroad___ _ -132,348 566,336 14,446 5,576,313 8,627,968 8,943 14,560,638 19,660,066 322,909 406,411 170,924 112,449 14,285 Taxes (less war taxes) 219,517 223,872 1.469.434 1,380,253 19,223 2,735,673 2,692,855 1:45.000 120,373 -303 431,832 272 taxes -70,425 Net after 343,133 489,764 4,096.959 7,237,881 -10,280 11,801,892 17,252,117 187,788 285,348 .7--8/617 44771.29 rents 11,199,410 after 16,427,707 -60,024 301,094 Net 432,470 3,636,725 6,821,327 8,043 182,747 149,043 51,049 War taxes 17,337 63 Aver. miles of r'd oper. 4.761 63 4,761 3,563 3,554 Pittsburgh Shawmut & Northern Fort Worth & Rio Grande South Buffajo -Month of November- -Jan. 1 to Nov. 30- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1918. 1917. 1918. EARNINGS. 1917. 1918. 1917. 1919. 1918. 1918. 1917. 1919. 1918. $ $ $ 3 $ s $ $ $ $ $ $ 64.772 100.464 1,034.956 1,048.009 678,413 Freight revenue 620,720 40,454 44.841 582,509 528.073 54.352 38,743 4.958 5.622 390,444 Passenger revenue 57,667 311,159 43,398 29.694 61.078 74.558 108,774 Tot., Incl. other rev. 1.125.208 1,141.804 1,151,032 1,008,719 91,089 80,391 1.563,095 1,168,509 167,743 82,828 22,804 19,565 Exponves--Maint.way 218,204 315,747 147,291 21,147 198.879 17,964 190,525 139.612 12,893 10.922 88.010 44,031 267,927 Maint. of equipm't_ 199,907 594.082 20,574 510.683 21,273 195,861 143,501 21.372 14,550 840 1,044 19,792 Traffic expenses 20,531 Cr2,782 13,383 14.382 1,689 3,960 2,240 282 327 37.745 50,177 Transportation exp. 540.538 459,626 596,030 71,971 523,361 43.129 840,070 595.175 77,745 62,149 156,293 119,777 1,594,823 1.303765 1.103,126 Total, incl. other_ 879,911 114.455 89,530 1.252.701 902,676 114,052 89,628 -72 :8-1:77A =TEM 47,906 Net from railroad.._ 128,807 -23,366 469,614 ' -'1-8T,NT -9,139 310,394 265,833 53.691 -6,800 1,800 1,806 35,828 Taxes (less war taxes) 37,046 19.953 3,195 19,728 2,973 32,502 19.403 2,800 1,400 =77 I11,405 91,718 -26,575 --12,113 Not after taxes TAM' 181,889 277,891 246,429 50.891 -8,200 -,....,-. ......... 43,624 15,614 1n-767Net after rents --1,177 -29,243 25,454 125,016 46,363 21,861 -21,663 113133 -61,591 32 30 War taxes 676 1.200 204 204 Aver. miles of r'd oper. 235 235 35 35 St Louis-San Francisco & Texas Port Reading Southern Railway System -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of JanuarySouthern Railway 1918. .1917. EARNINGS. 1919. 1917. -Jan. 1 to Dec. 31- -Month of January1918. 1919. 1918. 1918. $ $ $ $ $ 1918. $ $ 1917. $ 1919. 1918. 1,928,022 1,655,652 Freight revenue 755,759 152.392 66,201 114,588 76,183,282 58.450,039 6,263,308 4,217,564 56,101 1,131,502 Passenger revenue_ 153,562 261,158 23,627 23,533 40,568,658 24,203,182 3,035,552 2,418,589 Tot., Inc!. other rev. 2.637,218 2,105,395 224,436 99,464 144.458 126574,296 90,716,568 10,126,429 7,276,557 94,566 1,366,344 1,113,130 Expenses-Maint.way 270,773 147,451 193,747 187.916 33,266 28,360 -3,704 11,941 13,568.310 9,244,833 1,510.355 829,911 267,801 122,169 Maint. of equipml_ 257,372 204,580 39,566 16,885 21,853 24,570,010 14,656,480 2,422,642 1,389.086 26,025 410 475 Traffic expenses 21,800 25,739 Cr752 1,481 1,493,452 1.996,341 40 114.365 138.132 Transportation'exp_ 1,238.561 1,085.693 637,374 545,067 126,241 74.706 122,456 51,186 48,772,492 31,797,037 4,512,084 3,197.743 Total, incl. other.. 1,792,416 1,367 044 200,357 123,619 147,54)2 1,179.317 1,028,100 90,532 91,810,425 60.113,597 8,872,759 5,781,124 738,350 844,801 I et from railroad..... 24,079 -52,939 • 187,027 85,029 --24,155 53,925 34,763,871 30,602,971 1,253,669 1,495,433 95,748, 112,696 19,531 axes (less war taxes) 9,000 190444 536 10,000 1,637 3,742,144 3,530,949 :319,786 303,298 732,104 642,602 167,245 taxes__ after 65,541 --24,691 Net 15,079 -62,936 52,288 30,976.624 27,042,872 926,481 1,191,299 489.964 170,044 I et after rents 46,916 9,151 -100,511 --117,556 -318,781 25,618 29,291,869 26,085.574 809,826 1,087,597 War taxes 35 612,910 tver. miles of r'd oper. 21 134 143 21 6,982 6,982 EARNINGS. • • ----Tima ,.0 • [VOL. 108. RAILWAY EARNINGS , 12. ma owl Staten Island Rapid Transit ((7072C/.) -Jan. 1 to Dec. 31- -Alonth of JanuaryHouston & Texas Central Alabama Great Southern 1919. 1918. January 1 of 1918. 1917. to January -Jan. Dec. 31of -Month -Month to 1 -Jan. Dec. 31EARNINGS. 1918. 1918. 1917. 1919. 1918. 1917. 1919. 1918. 24,599 91,964 668,320 519,472 886,165 468,037 342,030 6,189,186 5.769.544 593,321 Freight revenue 6,371,190 4,889,078 43,010 59,581 693,357 821,574 156,607 159,761 2,212,798 1,877,819, 175,427 171,094 2,756,193 1,753,438 Passenger revenue.. 73,968 184,506 726,647 1,934,751 1,493,513 685,635 544,012 8,041,980 8,223,425 813,239 Tot., incl. other rev. 9,296,634 7,151,054 20,988 19,756 199,585 340,667 74,268 903,242 129,563 44,100 1,203,144 53,349 636,857 734,758 Expenses-MaInt.way 18,542 21,854 161,425 99,394 274,802 931,530 114,272 133,097 1,500,931 171,265 Malin'. of equipm't_ 2,323,722 1,466,265 870 1,036 15,355 13,810 17,344 10,226 210,436 14,101 109,921 10,833 196,643 Traffic expenses 147,681 63,427 95,781 973,095 729,628 272,294 301,462 229,538 3,364,058 2,628,725 372,198 Transportation exp_ 3.679,411 2,261,267 l4/;270 111,741 1,166,914 485,421 1,700,425 574,046 436,325 6,397,010 4,925,625 628,284 Total, incl. other.. 7,103,514 4,774,410 37,236 ---31,773 234,325 241,226 111,588 326,598 184,954 • 10'I,686 2,611,9/0 2,291,199 2,193,120 2,416,644 Net from railroad 9,000 14,000 141,770 37,030 103,311 34,023 20,712 406,113 447,217, 24,561 403,335 264,596 Taxes (less war taxes) 23,231 -46,788 376,124 223,i 72 203,801 ,955 86,070 2,236,113 2,842,2.58 160,360 1.925.412 2,013.007 Net after taxes :889 49 25,984 140,098 40 314,6 89,307 223,264 121,637 2,286,306 2,847,619 140,743 Net after rents 2,038,470 2,462.665 157,316 48,000 118,831 War lazes 23 23 943 312 856 oper. 312 r'd of Aver. miles Houston East & West Texas Georgia Southern & Florida Tennessee Central -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January1918. 1917. 1919. 1918. 1918. 1917. 1919. 1918. 1918. 1917. 1919. EARNINGS. 1918. $ $ $ $ $ $ $ $ $ $ $ $ 90,908 180,937 120,322 1,936,892 1,259,184 143,327 144,924 1,463,317 1,308,980 235,460 Freight revenue 2,202,924 1,690,960 28,075 46,298 419,633 937,968 37,723 40,508 437,516 96,946 502,088 140,546 971,198 1.127,735 Passenger revenue 127,118 243,037 168,597 3,011,812 1,797,251 192,977 266,775 2,087,716 1,862,480 408,907 Tot.,incl. other rev. 3,694,800 2,983,427 15,786 73,187 269,213 669,934 16,191 31,677 38,237 226,042 326,883 65,132 567,370 Expenses-Maint.way 296,816 29,902 5 838 71:10 672,353 290,453 20,665 13,303 288,956 195,287 55,522 100,985 646,515 Malta. of equipm't_ 934,927 28,806 57,915 2,220 625 26,609 6,555 18,377 5,297 87,947 Traffic expenses...... 56,987 15 13 3:75 75 99,992 677,114 64,929 1,258,519 83,117 114.668 889,239 611,625 173,524 Transportation exp_ 1,555,758 1,083,339 131,729 253,245 107,480 2,712,527 1,379,302 132,942 226,818 1,5(36,078 , 1,102,412 352,718 Total,incl. other_ 3,249,537 2,336,080 --4,610 41/,949 --10,207 209,283 61,117 60,035 39,956 760,061 021,631 56,188 647,34/ 445,263 Net from railroad.... 5,286 5,135 56,376 78,526 6,540 6,158 79.201 15,742 72,927 13,750 193,454 171,429 Taxes (less war taxes) -9,89Y 361,536 -15,440 220,d92 54,547 53,860 6(9,057 23,773 448,724 42,438 452,395 272,913 Net after taxes.. 238,132 -26,602 --2i,578 -4,744 42,855 52,100 640,369 30,424 404,017 43,581 665,288 34/,860 Net after rents 11 242 84,469 14,400 7,283 War taxes 292 293 190 190 402 402 Aver. miles of r'd oper. Louisiana Western Mobile & Ohio Terminal RR Assoc'n of St Louis -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- Terminal Railroad Association of St Louis -Jan. 1 to Dec. 31- -Month of January1919. 1918. 1918. 1919. 1918. ' 1917. 1917. EARNINGS. 1918. 1918. 1919. 1917. 1918. $ $ $ $ $ $ $ $ 197,422 799,824 2,854,649 2,439,603 218,770 956,202 Freight revenue 11,903,287 11,263,405 2,237 3,911 18,875 39,990 95,485 110,235 119,119 1,241,013 948,127 191,375 Passenger revenue...._ 2,099,881 1,586,293 252,314 300,710 311,095 3,882,409 3,712,528 338,691 980,590 4,348,151 3,653,550 Tot.,incl. other rev. 14,840,901 13,604,506 1,215,143 58,395 83,169 741,837 525,140 15,879 115,952 40,810 .way 265,089 174,955 347,697 Expenses-Maint 1,916,624 1,424,371 23,349 95,714 261,664 553,099 36,590 57,535 285.830 413,910 643,106 421,633 Maint. of equipm't_ 4,728,755 3,266,113 998 986 10,638 11,820 7,446 4,282 94,343 36,975 66,268 24,752 455,700 Traffic expenses_ 362,043 128,538 151,598 81,162 1,798,693 1,222,383 108.792 477,635 1,147,880 798,895 592,488 Transportation exp.. 6,697,082 4,817,841 221,165 340,717 2,122,111 151,707 3,193,111 , 224,662 1,689,423 948,321 2,348,526 Total,incl. other. 14,131,172'10,352,976 1,257,283 31,148 159,387 689;0/ 1,590,417 -40,006 113,429 32,269 1,999,635 1,964,127 709,729 3,251,529 -42,140 Net from railroad.._ _ 28,249 28,716 14,604 400,828 401,331 10,656 44,996 174.724 169,707 47,151 511,743 525,234 Taxes (less war taxes) 2,432 68,256 1,189,050 144,674 288,379 102,734 182,246 2,736,628 --89,301 --12,840 1,827,032 1,787,967 Net after taxes 83,111 54,636 1,856,682 2,410,141 136,046 100,511 14,736 1,827,452 1,823,578 89,862 247,368 3,219,639 Net after rents 19,897 13,259 306,737 81,227 174,115 26,068 War taxes 30 36 207 207 1,159 • 991 Aver. miles of r'd oper Bridge & Terznina Louis St Merchants SS & RR Texas & Morgan's Louisiana Southern By in Mississippi -Jan. 110 Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of Januar 1919. 1917. 1918. 1918. 1918. 1919. I 1917. 1918. 1919. 1918. 1917. EARNINGS. 1918. Southern Railway System (Concl.) Southern Pacific System 756,041 876,967 Freight revenue 436,328 525,754 Passenger revenue.. Tot.,incl. other rev. 1,519.495- 1,309,221 Expenses-Maint.way 245,859 313,994 107,612 Maint. of equipm't_ 190,089 27,131 28,237 Traffic expenses_ 544,812 Transportation exp.. 763,971 976.816 Total,incl. other_ -1,349,116 332,405 170,376 Net from railroad 110,702 109,000 Taxes (less war taxes).. 221,464 Net after taxes_ 61,258 32,675 Net after rents -40.793 4,134 War taxes Aver. miles of r'd oper. 75,290 57,509 145,356 34,164 22,531 1,977 81,315 143-,756 1,599 9,000 -7,400 -9,138 61,476 5,897,356 50,654 1,854,186 121,498 8,352,107 21,719 903,868 10,351 1.419,815 1,776 92,534 54,795 2,943,846 -92,604 5,578,728 28,895 '777,7V 9,000 353,173 19,895 2,417.686 1,838 2,357,330 32,708 278 4,988,920 1,491,506 8-.910,458 692,108 882,309 144,693 1,996,321 3,902,010 3,008,448 355,778 2.648,790 2,670,600 245.828 ' 489.736 164,879 696,3511 89,594 149,313 6,948 304,196 1571,0111 125,339 30,156 95,061 84,123 414,480 6,886 144,119 595,357 -372n785 489,078 57,817 503,945 83,513 9,694 11,119 209,617 2,395,385 -319,127 -3,470,015 150,575 218,238 101,551 29,581 48,655 188,229 171,497 --106,555 1,787 400 8,707 -37116,03.f 374,199 187,863 11,165 1,630,967 2.- 294,786 871,252 107,563 763,649 494,412 3,671 ' 733 2-55,874. 43,798 67,891 761 190,562 307,85/ -61,977 8,000 -59,977 -61,138 9 400 Texas & New Orleans Texas & Pacific Southern Pacific -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31--Month of 1919. 1918. 1917. 1918. 1919. 1917. 1918. EARNINGS. -Jan. 1 to Dec. 31- -Month of January$ 1918. $ $ $ 1919. 1917. 1918. 373,992 17.996,085 14,933,635 1,983,783 376,328 Freight revenue 101958575 87,334,750 8,952,313 7,199,575 4,952,781 4,393,703 671,492 134,583 7,449,816 6,252,826 163,506 Passenger revenue_ 39,324,652 33,311,326 3,151,298 2,804,433 1,899,577 1,482,750 Tot., incl. other rev. 153948641 132 257551 12,923,801 10,933,41/ -,,445,5913 -KM=-VMS'-767,71-1I3 7,294,83,4 22,714,607 Trarigg 446,831 47,437 3,610,862 2,036,463 556,176 136,708 Expenses-Maint.way 18,719,062 12,341,873 2,216,555 1,270,323 1,030,702 607,454 111,745 5,130,583 2,999,166 183,489 953,055 Maint. of equipm't_ 28,165,935 16,767,474 2,313,899 1,739,709 2,061,523 27,896 477,449 294,427 5,046 8,096 107,113 149,156 68,689 106,462 Traffic expenses...._ 1,458,730 1,930,503 207,979 11,894,810 9,072.787 1,409,153 235.493 Transportation exp.. 59,617,053 47,607,447 5,043,873 4,672,518 2.656,656 1,973,681 407,936 21,900,38(1 15,389,75S 2-3179,761r -592,29T Total,incl. other.. r117717 )43,644,35(f 10T85,187 8,285,405 6153,50•1 -3:900,75K 151,488 154,423 5,394,452 7,324,251 Net from railroad.. 40,295,743 48,613,199 2,738,614 2,648,012 1,292.097 2,500,320 -11.332 82,510 23,000 1,086,634 1,073,382 502,393 21,085 279,080 614,015 256,081 Taxes (less war taxes) 7,127,320 6,084,37,1 68,810 6,241,554 4,301,2V. 1:31,2'77 -34,455 ° 2,144,202 2,226,470 2,121,570 1,033,493 Not after taxes 33,127,096 42,490,346 /77607 -5 116,405 3,707,266 5,868,896 •=7 964,62Y 2,175,747 ° -18,098° Net after rents 33,970,453 42,550,632 2,113,100 2,094,696 166,666 12,281 7,200 228,483 1,481,537 War taxes 1,946 469 469 7,102 7,049 Aver. miles of r'd oper. 278 Southern Pacific System • 37 33,58 16,12 97 166,61 -21,26 8,00 -29,26 -44,11' Januar 1918. $ 1,326,55 472,43 „ 242,84 295,28 33,84 856,20 1,1') 4, 444,20 86,93 356,2 26!,0 1,94 Toledo St Louis & Western Arizona eastern Spokane International 31- -Month of January -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 1918. 1917. 1919. 1918. 1918. 1919. 1918. 1917. 1919. 1918. 1917. 1918. EARNINGS. 33 $ $ $ $ $ $ $ $ 325,56 526,193 , 6,24 1,027 7,066,395 50,577 60,816 779,951 292,654 813,118 289,966 3,340,816 3,657,705 Freight revenue 56,46 26,985 466,508 899,372 14,931 12,448 186,441 50,171 164.921 51,794 617,358 551,197 Passenger revenue.... 399,43' 575,622 8,306,127 7,041,662 77,707 65,427 1,000,130 368,396 1,011.604 370,881 Tot.,incl. other rev. 4,478,691 4,269,650 93,42' 92,644 1,082,019 9,141 1,365,516 11,538 179,442 60,581 160,458 85,005 496,553 668,548 Expenses-MaInt.way 115,51 124,847 6,914 1,737,323 1,117,666 6,909 45,113 70,822 103,508 52,742 424,378 602,705 Maint. of equipm't_ 5,124 14,48 222,194 116,920 1,258 1,589 22,675 2,488 17,850 1,201 31,806 26,107 Traffic expenses 212,63 249.068 27,299 23,902 3,087,829 2,486,589 82,733 302,464 331,997 105,796 928,134 Transportation exp.. 1,216,865 445,17 484,072 5,023,862 6,424,137 51,579 44,8(13 614,526 211,107 658,528 247,400 Total,incl. other.. 2,736,506 2,135,141 91,550 -45,74' 26,128 20,664 1,881,989 2,017,799 157,289 385,604 353.076 123,480 1,742,184 2,134,508 Net from railroad__ 26,10 26,000 319,300 274,200 4,012 3,202 38,875 17,826 49,307 16,281 193,807 , 213,161 Taxes (less war taxes) • 1,547,344 1,920,620 65,550 -71,84' 22,116 • 17,360 1,607,619 1,697.658 139,445 346,062 .03,693 107,144 Net after taxes -112,02 14 ,4'7 *---7 1,132,271 1,241,182 12,287 20,169 267,707 291,416 107,959 -72=5, 2 1,472,292 1,793,605 Net after rents _ .,t_ 2,026 148,007 War taxes 454 45 163 156 377 377 Aver. miles of r'd oper Ulster & Delaware Galveston Harrisburg & San Antonio Spokane Portland & Seattle 31- -Month of Janua -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 1917. 1919. 1918. 1918. 1919. 1918. 1918. 1917. 1919. 1918. 1917. 1918. EARNINGS. $ 3 $ $ $ $ $ $ $ 241,40 247,916 498,310 524,790 512,592 374,261 14,708,780 14,003,120 1,301,651 1,222,525 5,952,144 4,555,835 Freight revenue 11,35 15,278 299,584 279,912 180,854 122,666 401,270 1,972,328 1,772,382 413,585 5,274,253 4,628.969 Passenger revenue.. 51,02 57,989 1,008,892 737,832 1,006,444 553,083 Tot..incl. other rev. 21,273,847 19,737,996 1,815,651 1,744,227 8,496,944 6,778,798 8,72 96,102 13,352 180,412 58,444 145,831 761,987 187,859 1,297.181 275,391 1,836,557 2,335,956 Expenses-Maint.way 18,451 132,551 10,97 186,828 52,458 101,749 542,609 975,802 204,553 340,781 Maint. of equipm't_ 3,799,479 2,417,291 85 1,102 19,234 15,797 7,429 6,199 98,554 65,479 21,505 31,728 408,514 276,788 Traffic expenses_.._ 39,42 .45,493 494,575 574,317 227,469 203,095 548,327 2,589,222 1.682,024 688,066 Transportation exp.. 7,864,672 6,286,325 63,75 83,558 797,474 1,014,643 504,148 340,348 5,196,273 3,305,940 1,393,699 1,030,889 11,514,978 14,986,129 Total. Incl. other.. 2-717 211,417 =7560 -12:3 7771748,935 713,337 3,300,670 3,472,858 421,952 Net from railroad__ 6,287,717 8,223,018 4,60 4,600 55,420 55,191 59.200 72,000 810,005 712,947 59,000 52,205 707,625 622,287 Taxes (less war taxes) -63 .73ii 156,479 "'=76717 --1 ,32 57745l -10,320 2,759.196 2,490,099 653,978 , 369,459 5,659,579 7,501,112 Net after taxes....__ 125,569 --30,091 --16,2 15,903 =4,72-8 -5'7,849 2,679.866 2,697,640 351,799 5,347,755 6,746,922 Net after rents 2,400 619,764 30,000 War taxes 12 128 554 554 1,382 1,360 oper. r'd of miles Aver. -77:47-0. 13 RAILWAY EARNINGS ‘IAh, 1919.] % Western Ry of Alabama Utah 1 to Dec. 31- -Month of January-Jan. 1 to Dec. 31- -Month of January- -Jan. 1918. Union Pacific 1919. 1917. 1918. 1918. 1919. 1917. 1918. January of -Month 31$ Dec. to 1 $ -Jan. $ $ EARNINGS. $ $ 3 $ 1918. 1919. 103,461 1917. 137,849 1918. 980,776 1,425,799 114,115 100,194 678 _63 72 518 72,679,801 55,839,583 6,467,467 4,145,802 . 1,394,119 941,306 694 eight revenue _j16 5773k 68 18,055,066 )3 918 940_ 1519,449 1,087,021 182.440 assenger revenue.. 225,898 115,207 2,558,202 1,725,859 101,670 1,409,235 5,823,949 8,594,474 23.241 3 4 29,398 76,988,42 98,443,36 208.516 rev. other 291,970 10,016 Tot., Incl. 16.998 137,963 611,391 35,720 48,276 330,668 9,667 537,455 xpenses--Maint.way 10,766,975 8,930,1744 1,055,639 24,750 190,726 5,298 1,569,051 1,135,188 2,944 77,991 43,376 13 Maint. of equipm't_ 16,413,257 10,065,28 234 2,011 92,523 45,019 57,406 1,367,956 99,675 736,706 540,423 _ _ 874,078 25,629 Traffic expenses_ 22,765 266,637 129,840 Transportation exp_ 27,332,797 22,308,565 2,642,807 2,045.411 190,699 1,241,846 1,844,738 49,700 66,819 704,530 52,599 Total,incl. other.. 59,877,810 45,938,666 5,720,729 4,217,658 32,974 484,013 713,464 65,507 34,850 04,704 6,11i 7.500 38,565,554 31,049,757 2,873,744 1,606,290 121.141 83,737 2,819 4,030 Net from railroad_ 3_707 288,642 284,765 46,59 axes (less war taxes) 3,446,321 3,412A1 25,473 362,751 629,641 62,687 30,820 3,824 664,997 7,77 526 612,588, 35.114,378 27,620,5 46,006 Not after taxes 20,843 423,169 614,106 47,959 26,123 5f37,77 35,616,553 27,278,817 2,551,592 1,327,67014,892 et after rents 133 133 968,232 1,131,040 98 War taxes 98 3,630 3,614 Aver. miles of r'd oper. Erie Lake & ng Wheeli Pacific & ort Shrevep rg Line Vicksbu Short Oregon of January31- -Month of January- -Jan. 1 to Dec. 31- -Month 1918. 1919. -Jan. 110 Dec. 31- -Month of January- -Jan. 1 to Dec. 1917. 1918. 1918. 1919. 1917. 1918. 1918. 1919. 1917. $ $ 1918. $ EARNINGS. $ $ $ 591.212 $ 670.085 S 9,438.248 9 111,665 11,970,35 170,040 1,577,514 1,323,390 31,939 43,372 25,941,123 22,774,874 2,289,021 1,780,751 630,606 485,487 67,814 Freight revenue 82,844 641,907 809,357 436,534 465,627 5,885,681 5,857,899 Passenger revenue._ 68,232 779,416 200,754 13,592,172 11,028,904 271,586 2,413,592 2,689,104 2,206,557 114,524 164,267 17,860 2,092,863 1,396,912 Tot., incl. other rev. 34,136,853 31,016,342 2,945,532 50,791 215,481 374,841 259,374 540,151 197,395 3,143,167 289,175 4,602,019 ay 1,677.581 -Maint.w 35,415 3,201.985 Expenses 60.514 371,229 634,453 351,641 491,377 6,792 6,324 115,749 84,078 5,829 Maint. of equipm't_ 5,113,453 3,351,108 1,441 61,752 46,031 31,930 11,615 370,207 428,718 403.663 246,876 3,904.938 66,664 5.555.551 Traffic expenses_ 115,150 660,937 1,029,124 749,128 947,150 8,117,634 2 10,028,74 714.966 Transportation exp_ 893,219 134,755 11,265,851 7,378,212 238,151 2,223,356 1,397,314 Total, incl. other_ 21,609,287 16,478,293 2,129,717 1,515,890 65.999 2,326,320 3,650,691 '-113,803 -33,734 33,434 809,243 465,747 897,702 815,815 48,260 56,300 612,386 12,52 ,366 14,538,049 9,714 662,016 Net from railroad 9,416 132,586 • 119,292 157,754 177,963 Taxes (less war taxes) 2,028,043 2,022,981 56.284 1,663.663 3.038,276 -170,103 -81,994 24,001 689,244 .332,837 739;795 6317717 87 7 , 1 1 12T69 10,496,11 taxes Net after 59,304 1,048,582 2,035,737 --176,351 --152,974 24,289 758,507 322,496 765,378 633,822 10,703,192 12,682,062 Net after rents 512 .511 446,423 294,000 171 War taxes 171 2,306 2,347 Aver. miles of r'd oper. estern Northw & Falls Wichita an on Virgini . Oregon-Washington RR & Navigati 31- -Month of January1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 1918. 1919. 1917. -Jan. 110 Dec. 31- -Month of January- -Jan. 1918. 1918. 1919. 1917. 1918. 1918. 1919. $ $ 1917. II $ 1918. GS. $ EARNIN s $ $ ' 3 $ 55,328 92,788 639,361 683,259 579,991 829,660 0 9,064,503 10,478,63 1,067,724 26,029 32,321 324,196 17,696,064 14,858,302 1,359,440 296,971 40,972 Freight revenue 52,617 564,777 637,647 436,103 470,377 6.239,289 5,470,973 87,697 Passenger rovenue 131,655 665,128 1,068,157 1,053,273 957,410 1,644,525 11,906,444 10,242,472 18,699 35,078 251,670 369,981 70,301 Tot., incl. other rev. 26,264,956 22,097,098 2,033,603 195,737 800,851 1,532,407 290,979 404,276 14,898 3,274,880 20.871 170,309 287,857 142,350 Expenses-Maint.way 4,157,528 239,405 1,608,197 2,676,010 231,715 333,189 1,560 586 21,893 12.722 6,521 Malta. of equipm't. 3,629,173 2,396,402 6,878 71,644 69,028 41,050 28,076 49,152 559,268 70,913 379,238 470,761 .._ 650,769 302,567 Traffic expenses_ 414,705 668,153 4,815,018 2,839,328 873,888 90,039 Transportation exp.. 10,100,012 7,456,263 133,789 977,843 1,389,803 539,629 859,452 9,277,917 5,698.861 Total,incl. other.. 19,717,608 14,878,198 1,766,251 1,3:31,404 -2,341 -2,134 75,430 125,499 -321,645 97,957 4,543,611 313-mi I 2,628,526 267, 51 8,158 9,069 97,784 -67547,34Y 7,218,899 108,808 39,000 Net from railroad 3.5.200 440,452 469,030 I 124,034 114,531 Taxes (less war taxes) 1,512,046 1,388,624 --10,525 --11,258 -23,389 86,490 -430,614 62,757 , 4,103,126 I 189707g 2,159,451 152,637 Net after taxes...... 5,033,013 5,829,051 102,598 -489,515 ---38,755 --13,435 -23,006 18,182 156,842 1,848,259 4,429,330 8-3737./ti 4,502,363 5,355,583 Net after rents 328 50,509 328 22,020 518 War taxes 518 2,065 2,069 Aver. miles of r'd oper. Valley ippi Mississ & Yazoo Wabash Company Total 31- -Month of January1 to Dec. 31- -Month of January--Jan. 1 to Dec. 1918. 1919. -Jan. 1 to Dec. 31- -Month of January- -Jan. 1917.• 1918. 1918. 1919. 1917. 1918. 1918. 1919. 1917. $ S 1918. $ S S EARNINGS. $ $ $ 1,038,289 3 1,337,912 13,510.73 3 2 29,342,854 2,729,811 1,547,240 17,074,08 3,678,700 389.380 469,609 116216,983 93,472,759 10,115,928 6,994,277 34,498,24 4,456,277 554,527 Freight revenue 717.356 7,673,810 30,180,033 15,247,812 2,455,453 1,959,658 9,993,358 Passenger revenue_ 22,477,008 18,152,123 1,860,167 1,512,501 9 9,882,066 48,248,411 40,471,998 3,741,718 2,345,367 210,538 299,620 367,018 3,053,249 2,926,571 Tot.. Incl. other rev. 158845,171 130101,863 13,573,60 512,155 1,161,7441 6,104,353 3,961,074 2,000,066 288,668 1 15,348,22 416,106 1 18,926,52 ay 561,903 4,777,336 3,020,219 Expenses-Maint.w 734,610 1,718,544 9,497,764 5,466,119 18,861 11,427 262,925 187,575 66,239 Maint. of equipm't_ 25,155,880 15,812,794 2,393,617 49,200 1,039,212 711,877 165,503 84,700 581,427 783,941 1,362,818 2,355,942 5,852,461 8,183,362 1,565.341 Traffic expenses_ 2,159,223 0 9 16,888,33 22.489,62 3.452,692 4,463,845 2 37.882,46 8 47,461,54 Transportation exp_ 12,470,133 1,568.215 1.142.362 40,124,609 28,468,896 3,584,205 2,661,517 16,731,537' 370.139 Total, incl. other.. 101204,892 77,295,157 9,616,697 7,064,952 20T7ff 157,513 -316,150 5,745,471 5,681,990 8,121,802 12,003,102 61,528 68,066 '5-6,640,264 52,806,705 3,956,910 2,817,112 761,093 812,300 10.5,545 Net from railroad. 96,429 1,45:3,59:3 1,328,591 570,430 577,259 9.865,118 6,886.410 308,237 Taxes (less war taxes)223,823 60,858 -421,965 4,930,718 4,917,474 6,790,009 10,543,881 2,245,647 3,379,870 3 42,929,00 7 50,643,50 taxes.. after 277,570 Net 207,714 723,541 4,499,956 4,687,061 -128,223 50,822,106 42,283,548 3,268,739 2,249,80 3,721,029 7,211,273 511,360 272,490 Net after rents 1,381 1,382 1,284.252 2,519 War taxes 2,519 8,001 8,030 Aver. miles of r'd oper. nd Western Maryla St Joseph & Grand Island 1 to Dec. 31- -Month of January-Jan. 1 to Dec. 31- -Month of January- -Jan. 1918. 1919. 1917. 1918. 1919. 1918. \ 1917. 1918. GS. EARNIN $ $ $ $ $ $ $ $ 782,928 1,153,734 1 11,632,16 9 183,495 158,317 13,528,17 2,044,733 1,868,288 65.636 Freight revenue 77,413 1,089,686 1,00,670 31,569 321,302 37,375 375,743 Passenger revenue_ 918,821 230,562 201,155 15,402,351 13,638,449 1,331,668 Tot.. Incl. other rev. 2,588,577 2,346,814 154,023 298,495 51,384 2,861,071 1,460,107 51,788 551,288 1,036,733 Expenses-Maint.way 277.394 434,665 2,605,148 303,836 13,137 26,063 4,713,553 463,692 Maint. of equipm't_ 19,747 23,136 272.362 234,531 2,997 2,070 41,709 26,197 Traffic expenses_ 471,759 668,446 153,202 85,230 7,153,139 4,721,022 874,596 Transportation exp.. 1.400,905 966,544 172,444 15,526,447 9,561,315 1,478,020 233,362 Total, incl. other.. 2,559,030 2,345,541 -47,723 28,711 -124,095 4,077,134 -146,351 1,272 -2,799 29,546 43.200 Net from railroad_ 43,200 464,607 518,400 118,571 8,606 8,810 112,644 > Taxes (less war taxes) 20,104 -642,929 3,612,49) -189.551 -90.923 .. -117,544 -11,610 ' -MM Net after taxes___ _ 61,350 15,641 -492,468 4,150,225 -204,557 --106,526 `7=4.17A1 -13,421 Net after rents 60,000 81.600 707 War taxes 707 258 258 oper. Aver. miles of r'd Union Pacific System HAWAIIAN ROAD Union RR (of Pennsylvania) -Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to 1918. 1918. 1917. 1919. 1918. EARNINGS. S $ $ $ 9,187,872 Freight revenue 1,373,496 Passenger revenue..... 304,439 11,065,962 582,956 Tot., incl. other rev. 7,078,313 5,732,626 38,723 2,034,146 469,775 43,864 615,736 Expenses-Maint.way 177,087 1,634,999 2,035,021 159,180 Maint. of equipm't_ 1,928,731 187,703 284 249 3,857 3,807 Traffic expenses 303,133 3,625,271 315,705 Transportatton exp.. 3,728,456 3,111,653 . 13, 7,891,617 525,3 901 Total,incl. other_ 6,355,141 5,699,962 32,663 57.052 -220,854 3,174,344 723,172 Net from railroad 600,975 5,180 65.817 6,428 88,247 taxes) Taxes (less war 50,624 -226Tal W309 634.019 -33,153 Net after taxes 601,114 85,054 -224,876 2,575,300 1,455,665 Net after rents 103,097 28,935 War taxes 35 35 Aver. mils* of r'd oper. Western Pacific Oahu Ry. & Land Co. - -Jan. 1 to Nov. 30Dec. 31- -Month of January--Month of Noranber 1918. 1917. 1917. 1918. 1918. 1919. 1917. S S $ $ $ $ S 934,632 82,090 911,830 76.734 729,603 7.53,236 7,968,770 299.271 263.8110 30,723 33,544 93,977 83 295 1,473,538 119.907 l',3-57Sig 1,274.916 119,255 858,291 870,857 9,898,483 140,542 22.774 130,236 12,648 115,736 209,331 1,577,089 120,563 89,401 2.201 14,439 121,186 159,535 999,072 8,031 801 8,768 581 19,477 13,289 254,562 410.080 337.221 35,442 42,204 285,039 307,236 2,993.341 691,587 65,310 621,116 80,184 574,091 724,060 6,190,055 -73:06 62177'77 ^--65 54,547 --39.070 284,200 " 146.796 3,108,428 106,719 83,453 7,685 10,671 40,924 37,016 491,246 46.912 530,344 520;058 213,230! 100.770 3,216,086 5207118 571,1 1 46,912 28,398 233,264 84,890 3,017,281 72,200 7,220 1,050 114 114 974 1,011 14 RAILWAY EARNINGS [VoL. 108. COMPANY RETURNS All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Commerce Commission at Washington. A few railroad companies still issue monthly stateme nts of their own, though unaer Government control the number of these has been greatly reduced. The form of these company returns is often different from that prescribed by the Commerce Cmmission. In some instanc es the figures in the two returns correspond, but the company statements go beyond the requirements of the Commission and give fixed charges and income from investments in addition to earnings and expenses. It is our purpose that each issue of the "Railway Earnings Section" shall furnish an absolutely complete record of all monthly returns, in whatever form issued, that may be put out by any steam railroad in the United States. Accordingly, we bring together here all the company statements (few though they be) where they diffei in any way from the returns to the Commission, or where they embrace more facts than are contained in such returns. In these instances, of course, uniformity is lacking. Each compan y makes up its statement according to its own conception of what will serve best to convey a correct idea of the course of its income in the distinctive circumstances that may attend its operations or the character of its business. We in turn give the statements in the precise form furnished by the companies. Obviously, we cannot underta ke to, reconcile differences or discrepancies that may appear between the company figures and the Inter-State Commer ce returns. It should be distinctly understood that where the company statements are identical with those rendered to the Commerce Commission, and do not include any additional items, we do not undertake to repeat them here. In such cases the reader must look for the figures among the detailed statements on preceding pages, which include every steam road that is obliged to make monthly returns to the Commission. Bellefonte Central Gross receipts Operation Net Interest and taxes Surplus Chicago Great Western -Month of July- -Jan.1 to July 31-Jan. 1 to Dec. 31- -Month of January1918. 1918. 1917. 1017. 1918. 1919. 1917. 1918. 3 $ $ $ 3 $ Miles operated 1,496 88,752 1,496 80,066 9,312 5,980 Total operating revenue 1,712,829 76,944 1,378,105 10,123,320 9,212.981 73,921 7,322 7,007 Total operating expenses 1,405,553 1,026.810 9,295,096 7,052.760 11,808 6,145 1,990 -1,027 Net revenue from railroad oper2,520 2.964 159 210 ation 307,276 351.295 828.224 2.160,221 0,288 3,181 1,831 --1,237 Net income after charges 86,821 125,916 def736,485 740,504 New York Chicago & St Louis -Jan. 1 tp Dec. 31- -Month of January1918. 1917. 1919. 1918. $ 3 $ $ Operating revenues 22,656,381 16,901,206 2,069,363 987,810 17,489,757 13,281,309 1,663,456 1,231,320 -Month of November- -Jan. 1 to Nov. 30- Operating expenses Net operating revenue 1918. 1917. 5,166,624 3,619,897 1918. 1917. 405,907 -243,510 Taxes and uncollectible railway $ $ $ 3 Operating revenues revenue 1,479,314 1,323.983 16,872,925 13,790,364 647,687 608,139 55,004 60,000 Operating expenses 1,579,204 1.130,805 16,006,842 10,867,044 Operating income 4,518,937 3,011,758 350,903 -303,510 Net revenue -99,890 193,178 172,927 866,083 2,923,320 Other income 330,156 13,986 19,687 Railway tax accruals 26,734 35.401 Gross income 294.076 389,410 4,691,864 3,341,914 Uncollectible railway revenue.. 364,889 -283,823 155 239 359 Deductions from income 783,515 1,009,958 56,752 107,171 Railway operating income 126,624 157,622 Net income 571,768 2,533,551 3,908,349 2,331,956 Equipment SG joint facility rents 308,137 -390.994 -29,404 72,430 370,476 783,678 Net -156,028 230,052 942,244 3,317,229 New York Ontario & Western -Month of July- --Jan. I to July 311918. 1917. 1918. 1917. $ $ _$ $ Operating revenue 1,314,416 958,072 6,090,513 5,067.709 Operating expenses, taxes and Fonda Johnstown ez Gloversville uncollectible revenue 826,893 601,149 5,473,009 3,848.758 Net revenue 487,523 -Jan. 1 to Dec. 31- -Month of January- Other 356,923 617.504 1,218,951 , income and deduc'ns, net.... 113,843 112.208 1918. 819,386 1917. 729,273 I 1919. 1918. Net income $ $ 373,680 244 3 715 -201.882 $ 498,678 Total railway operating revenues_ 1,123,137 1,064,318 93,504 80,274 Railway operating expenses 696,889 602,218 63,333 50,138 Toledo Peoria & Western Net revenue from railway oper_ 426,248 462,100 30,171 30,136 -month of August- -Jan. 1 to Aug. 31Railway tax accruals 55,522 46,905 4,900 1918. 4,500 1917. 1918. 1917. Railway operating income $ 370,726 415,195 $ 25,271 s 25,636 Railroad and outside revenue $ Miscellaneous operating income 163,281 4,540 117,103 1.014,278 6,492 -603 843.268 -561 Operating expenses Total operating income 132.824 106.419 1,010,748 375,266 774.524 421,687 24,668 25,075 Net earnings Non-operating income 30,457 33.371 10,684 23,779 2,522 3,530 2,913 Other income 68.744 Gross income 7,810 15,010 126,150 408,637 152.179 445,466 27,190 27,988 Total Total deductions from gross income 393,701 net income 38,267 25.694 392,851 129,680 31,870 220,923 32,205 Fixed charges, Sze Net income 6.596 8.880 71,481 181,001 14,936 52,615 --4,680 --4,217 Surplus 31.671 16,814 58.199 39.922 Buffalo Rochester & Pittsburgh